When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda concerns how to measure the outputs of goods and services which are "free at the point of delivery". Public services such as schools and health services are major examples of...

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...

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,...