An Introduction to Efficiency and Productivity Analysis

An Introduction to Efficiency and Productivity Analysis by Timothy J. Coelli, Dodla Sai Prasada Rao, George Edward Battese.

An Introduction to Efficiency and Productivity Analysis is designed as a primer for anyone seeking an authoritative introduction to efficiency and productivity analysis. It is a systematic treatment of four relatively new methodologies in Efficiency/Production Analysis: (a) Least-Squares Econometric...

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Bibliographic Details
Main Authors: Coelli, Timothy J. (Author), Rao, Dodla Sai Prasada (Author), Battese, George Edward (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: New York, NY : Springer US : Imprint: Springer, 1998.
Edition:1st ed. 1998.
Series:Springer eBook Collection.
Subjects:
Economic theory.
Operations research.
Decision making.
Microeconomics.
Electronic resources (E-books)
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Table of Contents:
  • 1. Introduction
  • 1.1 Introduction
  • 1.2 Some Informal Definitions
  • 1.3 Overview of Methods
  • 1.4 Outline of Chapters
  • 1.5 What is Your Economics Background?
  • 2. Review of Production Economics
  • 2.1 Introduction
  • 2.2 Production Functions
  • 2.3 Price Information and Cost Minimisation and Profit Maximisation
  • 2.4 Econometric Estimation of Production Functions
  • 2.5 Conclusions
  • 3. Additional Topics in Production Economics
  • 3.1 Introduction
  • 3.2 Duality in Production
  • 3.3 Econometric Estimation of Cost and Profit Functions
  • 3.4 Multi-output Production and Distance Functions
  • 3.5 Conclusions
  • 4. Index Numbers and Productivity Measurement
  • 4.1 Introduction
  • 4.2 Conceptual Framework and Notation
  • 4.3 Formulae for Price Index Numbers
  • 4.4 Quantity Index Numbers
  • 4.5 Properties of Index Numbers: The Test Approach
  • 4.6 A Simple Numerical Example
  • 4.7 Transitivity in Multilateral Comparisons
  • 4.8 TFP Measurement Using Index Numbers
  • 4.9 Empirical Application: Australian National Railways
  • 4.10 Conclusions
  • 5. Economic Theory and Index Numbers
  • 5.1 Introduction
  • 5.2 Decomposition of a Simple TFP Index
  • 5.3 The Economic-Theoretic Approach: Some Preliminaries
  • 5.4 Output Price Indices
  • 5.5 Input Price Indices
  • 5.6 Output Quantity Indices
  • 5.7 Input Quantity Indices
  • 5.8 Productivity Indices
  • 5.9 Malmquist Productivity Index: Some Additional Issues
  • 5.10 Conclusions
  • 6. Efficiency Measurement Using Data Envelopment Analysis (DEA)
  • 6.1 Introduction
  • 6.2 Efficiency Measurement Concepts
  • 6.3 The Constant Returns to Scale (CRS) DEA Model
  • 6.4 The Variable Returns to Scale (VRS) Model and Scale Efficiencies
  • 6.5 Input and Output Orientations
  • 6.6 Conclusions
  • 7. Additional Topics on Data Envelopment Analysis
  • 7.1 Introduction
  • 7.2 Price Information and Allocative Efficiency
  • 7.3 Adjusting for Environment
  • 7.4 Non-Discretionary Variables
  • 7.5 Input Congestion
  • 7.6 Treatment of Slacks
  • 7.7 Empirical Application: Australian Universities
  • 7.8 Conclusions
  • 8. Efficiency Measurement Using Stochastic Frontiers
  • 8.1 Introduction
  • 8.2 The Stochastic Frontier Production Function
  • 8.3 Maximum-Likelihood Estimation
  • 8.4 Estimation of Mean Technical Efficiency
  • 8.5 Prediction of Firm-level Technical Efficiencies
  • 8.6 Tests of Hypotheses
  • 8.7 A Simple Numerical Example
  • 8.8 Conclusions
  • 9. Additional Topics on Stochastic Frontiers
  • 9.1 Introduction
  • 9.2 Truncated-Normal Distribution
  • 9.3 Alternative Functional Forms
  • 9.4 Panel Data Models
  • 9.5 Time-varying Inefficiency Model
  • 9.6 Modeling Inefficiency Effects
  • 9.7 Duality and Modeling of Allocative Efficiencies
  • 9.8 Empirical Application: Wheat Farming in South Africa
  • 9.9 Conclusions
  • 10. Productivity Measurement Using Efficiency Measurement Methods
  • 10.1 Introduction
  • 10.2 The Malmquist TFP Index
  • 10.3 Two Estimation Methods
  • 10.4 Empirical Application: Australian Electricity Generation
  • 10.5 Conclusions
  • 11. Conclusions
  • 11.1 Summary of Methods
  • 11.2 Relative Merits of the Methods: Some Comments
  • 11.3 Some Final Points
  • Appendix: Computer Software
  • References
  • Author Index.

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