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OverviewEconomists have long studied the efficiency of firms, industries, and entire economies. This volume brings together leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists, including an examination of the efficiency of tax systems across generations that overlap, and the efficiency of firm mergers that highlights the tradeoff between the synergy of the merger and the problem of managerial oversight in the now larger firm. An empirical look at productivity growth of states uses a tripartite decomposition of labor productivity into technological innovation, improvement in efficiency, and the capital deepening brought about by new business investment, shedding light on important debates on their relative importance. The efficiency of patent laws is examined in a modern model of economic growth. These contributions are complemented by analyses of methodological problems involved in the measurement, estimation and aggregation of efficiency indices. Full Product DetailsAuthor: Rolf Färe , Shawna Grosskopf , Daniel PrimontPublisher: Springer-Verlag New York Inc. Imprint: Springer-Verlag New York Inc. Edition: 2007 Dimensions: Width: 15.50cm , Height: 0.90cm , Length: 23.50cm Weight: 0.278kg ISBN: 9781441942371ISBN 10: 1441942378 Pages: 156 Publication Date: 08 October 2011 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Out of stock ![]() The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsThe Pareto-Optima of Finite-Horizon OLG Models.- Derivative Properties of Directional Technology Distance Functions.- Synergistic Mergers in an Agency Context: An Illustration of the Interaction of the Observability Problem and Synergistic Merger.- The Le Chatelier Principle in Data Envelopment Analysis.- Finding Common Ground: Efficiency Indices.- Sources of Manufacturing Productivity Growth: U.S. States 1990–1999.- Nonparametric Estimation of Higher-Order Moments of Technical Efficiency.- Measuring Inefficiency with Endogenous Innovation.- Don’t Aggregate Efficiency But Disaggregate Inefficiency.ReviewsAuthor InformationRolf Fare is Professor of Economics at Oregon State University. He received his Docent in Economics from the University of Lund, Sweden. He did post graduate work under Professor R. W. Shephard at the University of California, Berkeley. He has published in various journals including Econometrica, Economic Theory, and the Journal of Economic Theory. Shawna Grosskopf is Professor of Economics at Oregon State University. She received her doctoral degree in Economics from Syracuse University. She has published in a variety of journals including the American Economic Review, Journal of Econometrics, Journal of Productivity Analysis, and Economic Theory. Daniel Primont is Professor of Economics at Southern Illinois University Carbondale. He received his doctoral degree in Economics from the University of California, Santa Barbara. His research includes theoretical work in production and duality theory and both theoretical and empirical work in efficiency measurement. He has published in a variety of journals including the Journal of Economic Theory, Journal of Econometrics, Journal of Productivity Analysis, and Economic Theory. Tab Content 6Author Website:Countries AvailableAll regions |