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    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Productivity Issues in Services at the Micro Level: A Special Issue of the Journal of Productivity Analysis

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

Griliches, Zvi
Mairesse, Jacques

Hardcover

EconomicsLabor

ISBN10: 079239335X
ISBN13: 9780792393351
Publisher: Springer Nature
Published: Jun 30 1993
Pages: 230
Weight: 1.12
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English
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.

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