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More About This Textbook
Overview
This book extends the efficiency literature to the case of intertemporal models. First, the authors introduce static network models which serve as building blocks for the intertemporal budgeting models and the dynamic models. Next, the authors devote two chapters to productivity measurements, which are considered as comparative static models. Intertemporal budgeting models and dynamic models are taken up subsequently. Each chapter, except the first, contains empirical applications.
Editorial Reviews
Booknews
Extends the efficiency literature to the case of intertemporal production models, with the ultimate goal of developing a fully dynamic model that can be implemented using activity analysis models. Covers static production structure, distance functions and productivity, biased and embodied technical change, indirect production and intertemporal budgeting, and dynamic production models. Presents a case study measuring the efficiency of public grazing in the western US. Annotation c. Book News, Inc., Portland, OR (booknews.com)From the Publisher
'Most researchers in efficiency measurement will be familiar with the work of Rolf Färe and Shawna Grosskopf, who have done much to ensure that the development of production theory has been on a secure foundation, and that theory is linked to practical application. This admirably concise book is in a sense a summary of their work to date. The authors are to be congratulated on producing a well organized and well written book. ... I would unreservedly recommend this book for specialist graduate courses and research students. ... will undoubtedly be an important stimulus for researchers in the future.'Journal of the Opereational Research Society, 48:6 (1997)
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Table of Contents
Preface. 1. Introduction. 2. Static Production Structure. 3. Distance Functions and Productivity. 4. Biased and Embodied Technical Change. 5. Indirect Production and Intertemporal Budgeting. 6. Dynamic Production Models. References. Subject Index. Author Index.