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...

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,...

1. Introduction- William H. Greene and Thijs ten Raa -- 2. Micro foundations of earnings differences- Tirthatanmoy Das and Solomon W. Polachek -- 3. Performance: The output/input ratio- Thijs ten Raa -- 4. R&D, innovation and productivity- Pierre Mohnen -- 5. The choice of comparable DMUs and...

If more productive firms grow relatively fast, an industry performs better, even when no firm exhibits technical or efficiency change. In other words, the two well-known sources of productivity growth - technology and efficiency - can be augmented by a third one, namely the industrial...