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Aggregation, Efficiency, and Measurement

Name: Aggregation, Efficiency, and Measurement
Brand: Springer-Verlag New York Inc.
SKU: 01382057
Price: 42451 HUF
Availability: InStock
Author: Rolf Färe
ISBN: 9780387369488

Rolf Färe

Shawna Grosskopf

Daniel Primont

Language

English

Book Hardback

Libristo code: 01382057

Publishers Springer-Verlag New York Inc., March 2007

Economists have long studied the efficiency of firms, industries, and entire economies. This volume... Full description

Libristo code: 01382057

285 b

42 451 Ft

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Economists 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.