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This chapter defines the concepts of this Handbook - performance, productivity, efficiency, and profitability - and discusses the interrelations. The most prominent performance measure, total factor productivity growth, is grounded in activity analysis and related to Debreu's coefficient of...
Persistent link: https://www.econbiz.de/10012175807
This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued...
Persistent link: https://www.econbiz.de/10009583678
Contents: 1. Introduction / Thijs Ten Raa -- 2. Early days of the input-output table / Douglas S. Meade -- 3. The supply and use framework of national accounts / Joerg Beutel -- 4. The construction of input-output coefficients / José M. Rueda-Cantuche -- 5. Environmental footprints / Richard...
Persistent link: https://www.econbiz.de/10012251807
This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued...
Persistent link: https://www.econbiz.de/10010081821
This Handbook takes an econometric approach to the foundations of economic performance analysis. The focus is on the measurement of efficiency, productivity, growth and performance. These concepts are commonly measured residually and difficult to quantify in practice. In real-life applications,...
Persistent link: https://www.econbiz.de/10012117966
Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very...
Persistent link: https://www.econbiz.de/10011851326
Product input--output (IO) tables are mainly constructed on the basis of product and/or industry technology assumptions. The choice is not trivial and deserves empirical analysis using input and output data at the level of establishments. This paper offers input--output compilers econometric...
Persistent link: https://www.econbiz.de/10010977079
Many economic models (e.g., computable general equilibrium models, econometric input–output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input–output tables and these are only...
Persistent link: https://www.econbiz.de/10010993743