The Measurement of Productive Efficiency and Productivity Change by Harold O. FriedThe Measurement of Productive Efficiency and Productivity Change by Harold O. Fried

The Measurement of Productive Efficiency and Productivity Change

EditorHarold O. Fried, C. A. Knox Lovell, Shelton S. Schmidt

Hardcover | January 11, 2008

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When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The firstseveral chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminalchapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics toagricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.
Harold O. Fried is Professor of Economics at Union College and David L. and Beverly B. Yunich Chair of Business Ethics. C.A. Knox Lovell is Emeritus Professor of Economics at University of Georgia and Honorary Professor, School of Economics at University of Queensland.
Title:The Measurement of Productive Efficiency and Productivity ChangeFormat:HardcoverDimensions:592 pages, 9.25 × 6.13 × 0.98 inPublished:January 11, 2008Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195183525

ISBN - 13:9780195183528


Editorial Reviews

"Efficiency and productivity involve the 'best' use of scarce resources, which is the foundation of economic performance. The top specialists who have contributed to this volume unravel a fundamental but unresolved issue of economic performance--that extensive real-world variability in firms'economic performance belies the homogeneity implied by economic theory. They evaluate the pieces of the puzzle--inefficiencies involving technical, cost and revenue optimization--that cause firms to deviate from best-practice operation, and explain how such deviations can be measured and explainedto further business performance and competitiveness. This is an excellent and comprehensive reference for any researcher interested in the analysis of economic performance, and the recent advances made and challenges still ahead in this field."--Catherine J. Morrison Paul, Professor, Department ofAgricultural and Resource Economics, University of California, Davis and member of the Giannini Foundation