Description
Oxford The Oxford Handbook of Productivity Analysis 2018 Edition by Emili Grifell-Tatjé, C.A. Knox Lovell, Robin C. Sickles
Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivitydynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to,productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention.The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hardto define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality ofmanagement practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare. Table of contents : - PART I: EDITORS' INTRODUCTION1. Overview of Productivity Analysis: History, Issues and PerspectivesEmili Grifell-Tatje, C. A. Knox Lovell, and Robin C. SicklesPART II: THE FOUNDATIONS OF PRODUCTIVITY ANALYSIS2. Empirical Productivity Indices and IndicatorsBert M. Balk 3. The BLS Productivity ProgramLucy Eldridge, Chris Sparks, and Jay Stewart4. Theoretical Productivity IndicesR. Robert Russell5. Dynamic Efficiency and ProductivityRolf Fare, Shawna Grosskopf, Dimitris Margaritis, and William L. Weber6. Productivity Measurement in Sectors with Hard-to-Measure OutputKim Zieschang7. Productivity Measurement in the Public SectorW. Erwin Diewert8. Productivity Measurement and the EnvironmentFinn R. ForsundPART III: MICROECONOMIC STUDIES9. Productivity and Financial PerformanceEmili Grifell-Tatje and C. A. Knox Lovell10. Business Model Innovation and Replication: Implications for the Measurement of ProductivityRoberto Garcia-Castro, Joan Enric Ricart, Marvin B. Lieberman, and Natarajan Balasubramanian11. The Labor Productivity of Family Firms: A Socioemotional Wealth PerspectiveShainaz Firfiray, Martin Larraza-Kintana, and Luis R. Gomez-Mejia12. Innovation, Management Practices, and ProductivityMary J. Benner13. Internationalization, Innovation and ProductivityBruno Cassiman and Elena Golovko14. Effect of International Competition on Firm Productivity and Market PowerJan De Loecker and Johannes Van Biesebroeck15. Efficiency Measures in Regulated Industries: History, Outstanding Challenges and Emerging SolutionsLaurens Cherchye, Bram De Rock, Antonio Estache, and Marijn Verschelde16. Theory, Techniques and Applications of Regulatory Benchmarking and Productivity AnalysisPer J. Agrell and Peter BogetoftPART IV: MACROECONOMIC STUDIES17. Productivity and Welfare Performance in the Public SectorMathieu Lefebvre, Sergio Perelman, and Pierre Pestieau18. Measuring Productivity DispersionEric J. Bartelsman and Zoltan Wolf19. Decomposing Value Added Growth into Explanatory FactorsW. Erwin Diewert and Kevin J. Fox20. The World KLEMS Initiative: Measuring Productivity at the Industry LevelDale W. Jorgenson21. Productivity and Substitution Patterns in Global Value ChainsMarcel Timmer and Xianjia Ye22. The Industry Sources of Productivity Growth and ConvergenceRobert Inklaar23. Productivity and Economic DevelopmentHak K. Pyo24. The Productivity of NationsOleg Badunenko, Daniel J. Henderson, and Valentin Zelenyuk