Productivity Issues in Services at the Micro Level: A Special Issue of the Journal of Productivity Analysis - Hardcover

Hardcover

ISBN 10: 079239335X ISBN 13: 9780792393351

Publisher: Springer, 1993

Synopsis

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.

About this title

Product Description

Productivity Issues in Services at the Micro Level Productivity studies are still scarce in services, especially in view of the major role of the services sector in modern developed economies and the increasing concern about its performance. This title focuses on the empirical analysis of productivity in services at the firm level.

Synopsis

This book focuses on the empirical analysis of productivity in services at the firm level. Productivity studies are still scarce in services, especially in view of the major role of the services sector in modern developed economies and the increasing concern about its performance. The services industries studied in this volume are quite diverse, with a strong representation of financial services. All analyses are performed on the microlevel, being based on cross-sectional or panel data for samples of firms of widely varying sizes. They focus on a variety of topics ranging from comparing the efficiency of different categories of service firms or exploring the impact of mergers and deregulation on productivity performance to assessing the magnitude of returns to scale and scope or investigating the properties of different parametric or nonparametric methods to estimate cost and production functions.

Edition details

• Publisher: Springer
• Publication date: 1993
• Language: English
• ISBN 10: 079239335X
• ISBN 13: 9780792393351
• Binding: Hardcover
• Edition number: 1
• Number of pages: 234
• Editor: Griliches Zvi, Mairesse Jacques