Titlebook: Cost Structure and the Measurement of Economic Performance; Productivity, Utiliz Catherine J. Morrison Paul Book 1999 Springer Science+Busi

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Cost Structure and the Measurement of Economic Performance978-1-4615-5093-8

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Underlying Theory and Implementation Issues,lated literatures, including not only the traditional productivity, but also the macro, IO, and efficiency literatures. This framework highlights the linkages between different aspects of productivity that must be unraveled to present a detailed and interpretable picture of the impacts and responses that determine economic performance.

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Data Construction for Estimation and Measurement,uantities of output, and labor, capital, and materials inputs, for a firm, industry, or economy. Although it is useful to include information on as many outputs and inputs as possible in order to reflect all production and costs, and thus detailed production structure patterns, many data issues complicate the construction of such data.

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Gleichgewicht und Spielmetapherion, and use of measures representing performance require careful consideration of the underlying conceptual foundation. This in turn requires explicit recognition of the connection between productive performance or productivity and the cost structure. On this basis the theoretical formalization and

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decrease) independently of technical change. Such economies derive from the potential for larger scale production to proceed at lower unit costs. This could possibly be due to some type of long-run “fixity” such as spreading entrepreneurial skill, managerial labor, or massive indivisible “chunks” of

Feature

conomies. Deviations between short and long run scale economies (due to input fixities), and the impacts of jointness among quasi-fixed inputs and multiple outputs, and of market power in input markets, were elaborated. All these cost economies may be termed “internal”. They involve movements along