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New Directions: Efficiency and Productivity (Studies in Productivity and Efficiency)
 
 
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New Directions: Efficiency and Productivity (Studies in Productivity and Efficiency) [Paperback]

Rolf Färe (Author), Shawna Grosskopf (Author)
3.0 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

038724963X 978-0387249636 May 4, 2005
The key unifying conceptual tool of this important entry in the study of efficiency and productivity is the directional distance function. In New Directions the authors take up this new performance measure while also maintaining their "traditional" axiomatic production theoretic approach. The directional distance function includes traditional distance functions and efficiency measures as special cases providing a unifying framework for existing productivity and efficiency measures. As a generalisation of the traditional distance functions, it turns out to be a dual to the profit function, opening a range of new tools for empirical and theoretical research. It also provides enough additional flexibility to open up new areas in productivity and efficiency analysis such as environmental and aggregation issues.

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Product Details

  • Paperback: 188 pages
  • Publisher: Springer (May 4, 2005)
  • Language: English
  • ISBN-10: 038724963X
  • ISBN-13: 978-0387249636
  • Product Dimensions: 9.1 x 6 x 0.5 inches
  • Shipping Weight: 8.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,263,418 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
3.0 out of 5 stars buy or not to buy, August 21, 2010
By 
C. M. Suta (Canterbury, UK) - See all my reviews
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This review is from: New Directions: Efficiency and Productivity (Studies in Productivity and Efficiency) (Paperback)
if you have already most of Fare and Grosskopf articles, there is no need to buy this book. the information in the book doesnot differ much from what you can find in articles. I was hoping they will present same topic in more depth than they have done in published aricles, but I was disappointed.
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3.0 out of 5 stars Professional and speedy, October 27, 2011
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This review is from: New Directions: Efficiency and Productivity (Studies in Productivity and Efficiency) (Paperback)
Book arrived in exact condition described. Price was very reasonable.The speed in which it arrived was excellent. The provider was good to his word and based on past purchase, is capable of being trusted with future purchases.
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Inside This Book (learn more)
First Sentence:
This essay focuses on two approaches to measuring efficiency, namely the difference approach and the ratio approach. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
profit efficiency indicator, directional technology distance function, directional distance function, directional input distance function, industry technical efficiency, output distance function, weak disposability, strong disposability, environmental performance index, cost efficiency indicator, undesirable outputs, technical efficiency component, hyperbolic distance function, allocative component, activity analysis model, bad outputs, profit indicator, production axioms, type distance functions, revenue indicator, nonincreasing returns, free disposability, upstream firm, input aggregation, index number approach
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