Download or read book Productivity Measurement for the Pulp and Paper Industry with Adjustment for Capacity Utilization written by Tae Hoon Oum and published by . This book was released on 1990 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement Decomposition and Efficiency Comparison of the Pulp and Paper Industries written by Tae Hoon Oum and published by Forest Economics and Policy Analysis Research Unit, University of British Columbia. This book was released on 1991 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement with Nonstatic Expectations and Varying Capacity Utilization written by Catherine J. Morrison and published by . This book was released on 1985 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Typically measures of multifactor productivity growth have been based on a production and optimization framework that assumes all inputs are instantaneously adjustable, thus ignoring the important impacts of short run fixity of certain inputs. This paper focuses on the distinction between short and long run production behavior represented by economic capacity utilization indexes, and on the adjustment of observed productivity measures for the effects of short run fixity characterized by these indexes. A dynamic optimization model based on adjustment costs for quasi-fixed inputs is developed to calculate capacity utilization adjustments for productivity growth measures. The resulting framework is then used to identify empirically the effects of capacity utilization, nonstatic expectations, nonconstant returns to scale and adjustment costs for both capital and labor on productivity growth in the U.S. manufacturing sector, 1947-1979

Download or read book Productivity Measurement Using Capital Asset Valuation to Adjust for Variations in Utilization written by Ernst R. Berndt and published by . This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although a great deal of empirical research on productivity measuremant has taken place in the last decade, one issue remaining particudarly controversial and deaisive is the manner by which one adjusts the productivity residual for variations in capital and capacity utilization. In this paper we use the Marshallian framework of a short run production or cost function with certain inputs quasi-fixed to provide a theoretical basis for accounting for variations in utilization. The theoretical model implies that the value of services from stocks of quasi-fixed inputs should be altered rather than their quantity. This represents a departure from most previous procedures that have adjusted the quantity of capital services for variations in utilization. In the empirical illustration, we employ Tobin's q to measure the shadow value of capital, and find that for the U.S. manufacturing sector, we can attribute about 50% of the traditionally measured decline in productivity growth during 1973-77 to a decline in capacity utilization. Hence, adjusted for utilization, the 1973-77 productivity slowdown in U.S. manufacturing is considerably less than that measured using traditional productivity accounting techniques.

Download or read book International Journal of Development Research and Quantitative Technique Vol 1 No 1 written by and published by Universal-Publishers. This book was released on 2011-09-28 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dynamic Efficiency and Productivity Measurement written by Elvira Silva and published by Oxford University Press. This book was released on 2020-11-03 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic treatment of dynamic decision making and performance measurement Modern business environments are dynamic. Yet, the models used to make decisions and quantify success within them are stuck in the past. In a world where demands, resources, and technology are interconnected and evolving, measures of efficiency need to reflect that environment. In Dynamic Efficiency and Productivity Measurement, Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink look at the business process from a dynamic perspective. Their systematic study covers dynamic production environments where current production decisions impact future production possibilities. By considering practical factors like adjustments over time, this book offers an important lens for contemporary microeconomic analysis. Silva, Stefanou, and Lansink develop the analytical foundations of dynamic production technology in both primal and dual representations, with an emphasis on directional distance functions. They cover concepts measuring the production structure (economies of scale, economies of scope, capacity utilization) and performance (allocative, scale and technical inefficiency, productivity) in a methodological and comprehensive way. Through a unified approach, Dynamic Efficiency and Productivity Measurement offers a guide to how firms maximize potential in changing environments and an invaluable contribution to applied microeconomics.

Download or read book Measures of Productive Capacity written by United States. Congress. Joint Economic Committee and published by . This book was released on 1962 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews production capacity definition and measurement problems.

Download or read book Measures of Productive Capacity written by United States. Congress. Economic Joint Committee and published by . This book was released on 1962 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement with Adjustments for Variations in Capacity Utilization and Other Forms of Temporary Equilibrium written by Ernst R. Berndt and published by . This book was released on 1986 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity in Canada s Pulp and Paper Industry written by Jamie Brunet and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Measures of Productive Capacity written by United States. Congress. Joint Economic Committee. Subcommittee on Economic Statistics and published by . This book was released on 1962 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews production capacity definition and measurement problems.

Download or read book Productivity Measurement with Adjustments for Variations in Capacity Utilization and Other Forms of Temporary Equilibrum written by Ernst R. Berndt and published by . This book was released on 1986 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement in Regulated Industries written by National Science Foundation (U.S.) and published by New York ; Toronto : Academic. This book was released on 1981 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Growth and Capacity Utilization written by Wulong Gu and published by . This book was released on 2013 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a non-parametric approach for adjusting the multifactor productivity growth (MFPG) measure for variations in capacity utilization over time. In the framework developed here, a capital utilization measure is derived from the economic theory of production and is estimated by comparing the ex-post return with the ex-ante expected return on capital. The nonparametric approach is then compared with the parametric approach and the standard growth accounting framework. Both the non-parametric and parametric approaches correct for the cyclical bias in the standard MFPG measure, but the non-parametric approach offers more practical adjustment for capacity utilization, because it is easier to implement and more in line with the non-parametric approach long used by statistical agencies and researchers. The results suggest that variable capacity utilization is the main source of the pro-cyclicality in the standard measure of MFPG in Canada's goods-producing industries, and that the post-2000 decline in the standard MFPG measure in Canadian manufacturing is largely due to the decline in capacity utilization.--Publisher's website.

Download or read book Industry Productivity Dynamics with Capacity Utilization and Differentiated Products written by Wendy L. Petropoulos and published by . This book was released on 2000 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Canadian Journal of Forest Research written by and published by . This book was released on 2000 with total page 1072 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.