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EBookClubs

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Book Production Economics An Empirical Approach

Download or read book Production Economics An Empirical Approach written by Charles Britt Moss and published by World Scientific. This book was released on 2022-02-25 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.

Book The Aggregate Production Function and the Measurement of Technical Change

Download or read book The Aggregate Production Function and the Measurement of Technical Change written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2013-10-31 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.

Book Industrial Economics An Introductory Text Book

Download or read book Industrial Economics An Introductory Text Book written by R R Barthwal and published by New Age International. This book was released on 2007 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: In A Clear And Systematic Manner, This Book Presents An Exhaustive Exposition Of The Various Dimensions Of Industrial Economics. The Focus Of The Book Is On Understanding The Behaviour Of Business Firms Under Different Market Conditions. The Concepts And Tools Of Economic Analysis Relevant For Business Decision-Making Have Been Explained In Detail. Both Theoretical Description And Empirical Research Have Been Duly Emphasized. Mathematical Analysis Has Been Used Only Where Necessary For Better Clarity.Salient Features# Thoroughly Updated Text# A New Chapter On Advertising Strategy# Expanded Discussion Of Industrial Policy And Capital Market In India# Econometric Techniques For Measurement Of Industrial EfficiencyEnlarged Treatment Of Several Topics Including Organizational And Market Structures, Economies Of Scope And Gravity Index With All These Features; This Is An Ideal Text For Both Undergraduate And Postgraduate Students Of Economics, Engineering, And Commerce And Business Management.

Book Capacity Realization and Productivity Growth in a Developing Country

Download or read book Capacity Realization and Productivity Growth in a Developing Country written by Ruhul A. Salim and published by Routledge. This book was released on 2018-12-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999. Firms in manufacturing industries are influenced by the market-oriented liberalization reform policies in many developing countries since the late eighties. However, studies applying appropriate methodology to appropriate data seldom analyze the impact of reforms on the performance of production units such as manufacturing firms. The central point of this book is to address this issue by comparing firms’ achievement with 'best practice' performance before and after reforms. This form of analysis is not new but it emphasizes a new focus or realignment of thinking within neoclassical economics to develop an analytical framework. This book examines the productivity growth of Bangladesh manufacturing firms as component measures of changes in capacity realization and technical progress. The significant feature of this approach is that it allows for the inefficiency of firms, and thus productivity growth is estimated rather than taking it as a residual as is usually measured in the traditional growth accounting approach. High rates of technological progress, on the one hand, can co-exist with low rates of capacity realization. On the other hand, relatively low rates of technological progress can co-exist with an improving capacity realization. As a result specific policy actions are required to address the difference in the sources of variation in productivity. In this respect this book would provide invaluable insights for policy makers, development practitioners, academics and students of economics.

Book Production and Efficiency Analysis with R

Download or read book Production and Efficiency Analysis with R written by Andreas Behr and published by Springer. This book was released on 2016-01-09 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook introduces essential topics and techniques in production and efficiency analysis and shows how to apply these methods using the statistical software R. Numerous small simulations lead to a deeper understanding of random processes assumed in the models and of the behavior of estimation techniques. Step-by-step programming provides an understanding of advanced approaches such as stochastic frontier analysis and stochastic data envelopment analysis. The text is intended for master students interested in empirical production and efficiency analysis. Readers are assumed to have a general background in production economics and econometrics, typically taught in introductory microeconomics and econometrics courses.

Book Progress through Regression

Download or read book Progress through Regression written by Jeff E. Biddle and published by Cambridge University Press. This book was released on 2020-11-12 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cobb-Douglas regression, a statistical technique developed to estimate what economists called a 'production function', was introduced in the late 1920s. For several years, only economist Paul Douglas and a few collaborators used the technique, while vigorously defending it against numerous critics. By the 1950s, however, several economists beyond Douglas's circle were using the technique, and by the 1970s, Douglas's regression, and more sophisticated procedures inspired by it, had become standard parts of the empirical economist's toolkit. This volume is the story of the Cobb-Douglas regression from its introduction to its acceptance as general-purpose research tool. The story intersects with the histories of several important empirical research programs in twentieth century economics, and vividly portrays the challenges of empirical economic research during that era. Fundamentally, this work represents a case study of how a controversial, innovative research tool comes to be widely accepted by a community of scholars.

Book The Analysis of Firms and Employees

Download or read book The Analysis of Firms and Employees written by Stefan Bender and published by University of Chicago Press. This book was released on 2009-05-15 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The long-term impact of globalization, outsourcing, and technological change on workers is increasingly being studied by economists. At the nexus of labor economics, industry studies, and industrial organization, The Analysis of Firms and Employees presents new findings about these impacts by examining the interaction between the internal workings of businesses and outside influences from the market using data from countries around the globe. The result is enhanced insight into the dynamic interrelationship between firms and workers. A distinguished team of researchers here examines the relationships between human resource practices and productivity, changing ownership and production methods, and expanding trade patterns and firm competitiveness. With analyses of large-scale, nationwide datasets as well as focused, intensive observation of a few firms, The Analysis of Firms and Employees will challenge economists, policymakers, and scholars alike to rethink their assumptions about the workplace.

Book Panel Data Econometrics

Download or read book Panel Data Econometrics written by Mike Tsionas and published by Academic Press. This book was released on 2019-06-20 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Panel Data Econometrics: Empirical Applications introduces econometric modelling. Written by experts from diverse disciplines, the volume uses longitudinal datasets to illuminate applications for a variety of fields, such as banking, financial markets, tourism and transportation, auctions, and experimental economics. Contributors emphasize techniques and applications, and they accompany their explanations with case studies, empirical exercises and supplementary code in R. They also address panel data analysis in the context of productivity and efficiency analysis, where some of the most interesting applications and advancements have recently been made. - Provides a vast array of empirical applications useful to practitioners from different application environments - Accompanied by extensive case studies and empirical exercises - Includes empirical chapters accompanied by supplementary code in R, helping researchers replicate findings - Represents an accessible resource for diverse industries, including health, transportation, tourism, economic growth, and banking, where researchers are not always econometrics experts

Book EBOOK Introducing Advanced Macroeconomics Growth and Business Cycles

Download or read book EBOOK Introducing Advanced Macroeconomics Growth and Business Cycles written by Peter Sørensen and published by McGraw Hill. This book was released on 2010-03-16 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing Advanced Macroeconomics: Growth and Business Cycles, 2nd edition provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and developing basic models of growth and structural unemployment. The second half of the book deals with the economy in the short run, focusing on the explanation of business fluctuations. This new edition retains the popular pitch and level established in the 1st edition and continues to bridge the gap between intermediate macroeconomics texts and more advanced textbooks.

Book Public Policy for Regional Development

Download or read book Public Policy for Regional Development written by Jorge Martinez-Vazquez and published by Routledge. This book was released on 2008-05-20 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws on the expertise of both North American and European specialists of regional economics, evaluating the impact of economic policy in certain regions and considering alternative policies to foster regional economic development and improve the employment and income of the residents of these regions.Martinez-Vazquez and Vaillancourt hav

Book Productivity Issues in Services at the Micro Level

Download or read book Productivity Issues in Services at the Micro Level written by Zvi Griliches and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: 7 take advantage of the panel structure of their data to control for possible errors of specifica tion in their models. It is interesting to note that the econometric and DEA methods may be closer than some of their respective advocates seem to believe. Several of the studies show that the former as well as the latter can be effectively used to assess the relative effi ciency of groups of firms or individual firms, and one of them explicitly compare results arising from both (Fecher et al.). Econometric techniques can also be nonparametric and applied to estimating cost or production frontiers (and not only "average" functions), while ultimately DEA should be amenable to statistical inference. Perhaps the most valuable feature of all the analyses is their care and ingenuity in putting together the data, measuring variables, and pulling out relevant information. Many of them are not content with an overall output measure, but endeavor to manage with less aggregated measures. Nearly all also include in the estimated models a number of auxiliary variables intended to control for specific attributes of outputs, inputs, or production techniques, and other characteristics of firms.

Book Efficiency Analysis by Production Frontiers

Download or read book Efficiency Analysis by Production Frontiers written by Jati Sengupta and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring productive efficiency for nonprofit organizations has posed a great challenge to applied researchers today. The problem has many facets and diverse implications for a number of disciplines such as economics, applied statistics, management science and information theory. This monograph discusses four major areas, which emphasize the applied economic and econometric as. pects of the production frontier analysis: A. Stochastic frontier theory, B. Data envelopment analysis, C. Clustering and estimation theory, D. Economic and managerial applications Besides containing an up-to-date survey of the mos. t recent developments in the field, the monograph presents several new results and theorems from my own research. These include but are not limited to the following: (1) interface with parametric theory, (2) minimax and robust concepts of production frontier, (3) game-theoretic extension of the Farrell and Johansen models, (4) optimal clustering techniques for data envelopment analysis and (5) the dynamic and stochastic generalizations of the efficiency frontier at the micro and macro levels. In my research work in this field I have received great support and inspiration from Professor Abraham Charnes of the University of Texas at Austin, who has basically founded the technique of data envelopment analysis, developed it and is still expanding it. My interactions with him have been most fruitful and productive. I am deeply grateful to him. Finally, I must record my deep appreciation to my wife and two children for their loving and enduring support. But for their support this work would not have been completed.

Book World Trade Evolution

Download or read book World Trade Evolution written by Lili Yan Ing and published by Routledge. This book was released on 2018-10-08 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides theoretical and empirical evidence on how world trade evolves, how trade affects resource allocation, how trade competition affects productivity, how China shock affects world trade and how trade affects large and small countries. It is a useful reference which focuses on new approaches to international trade by looking into country-specific as well as firm-product level-specific cases. “The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9781351061544, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”

Book Soft Innovation

Download or read book Soft Innovation written by Paul Stoneman and published by OUP Oxford. This book was released on 2010-02-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: At its heart this book is about innovation and the innovation process. On the way, it considers aesthetics, design, creativity and the creative industries, and a number of other similar topics. Much of the existing economic literature on innovation has taken a particularly technological or functional viewpoint as to what sort of new products and processes are to be considered innovations. One of the key things this book shows is that there is a type of innovation, here labelled 'soft innovation', primarily concerned with changes in products (and perhaps processes) of an aesthetic or intellectual nature, that has largely been ignored in the study of innovation prevalent in economics. Examples of innovations that, as a result of this refocusing, are here placed at the centre of the analysis include: the writing and publishing of a new book, the writing, production, and launching of a new movie, the development and launch of a new advertising promotion, the design and production of a new range of furniture, and architectural activity in the generation of new built form designs. The realisation of the existence of soft innovation means that, not only is innovation more widespread than previously considered, but that it may also take a different form than commonly considered. Soft Innovation addresses key issues such as: * The measurement of the rate and extent of soft innovation, * The determinants of the rate and direction of soft innovation and its diffusion, * The impacts of soft innovation and diffusion upon outputs, productivity, employment, firm performance, trade, and economic welfare, * Policy, considering whether there is a rationale for government intervention in the soft innovation generation and diffusion processes, and if so what instruments can be used in such intervention? Soft Innovation breaks new ground in the study of innovation, and will be key reading for academics and researchers of Innovation, Marketing, and Design, as well as consultants, practitioners, and policy-makers concerned with the creative industries.