New Directions:Efficiency and Productivity

Efficiency Indicators And Indexes -- The Nerlovian Profit Indicator -- The Revenue Efficiency Indicator -- Cost Efficiency Indicator -- Efficiency Indexes -- From Indicators to Indexes -- Hyperbolic Efficiency -- Remarks on the Literature -- Environmental Performance -- Good and Bad Outputs -- Productivity with Bads -- Environmental Quantity Index -- Shadow Pricing Undesirable Outputs -- Property Rights and Profitability -- New Directions -- Environmental Kuznets Curve -- Remarks on the Literature -- Aggregation Issues -- The Fox Paradox -- Koopmans’ Theorem -- Aggregating Indicators Across Firms -- Johansen Aggregation -- Aggregating Farrell Efficiency Indexes -- Luenberger Productivity Indicators -- Aggregation Across Inputs and Outputs -- Aggregation and Decompositions -- Performance in Japanese Banking -- Remarks on the Literature -- Appendix: Axioms Of Production.