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Mining and fishing are both extractive industries, although one resource is renewable and the other is not. Miners and fishers pursue financial objectives, although their objectives may differ. In both industries financial performance is influenced by productivity and prices. Finally, in both...
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In this study we consider the linkage between productivity change and profit change. We develop an analytical framework in which profit change between one period and the next is decomposed into three sources: (i) a productivity change effect (which includes a technical change effect and an...
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Recently Diewert (2014) decomposed cost change into the product of four drivers. He then combined three of these drivers with a novel measure of returns to scale to decompose profitability change. We use an implicit Konus input quantity index to show that his expression for profitability change...
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Aquatic ecosystems are vulnerable to threats from human activity. Urban stream ecosystems are especially vulnerable to urbanisation of surrounding land use, and interest continues to grow in improving the health of urban streams. We study 30 sites along two highly urbanised streams in Brisbane,...
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We study the economic, financial and distributional performance of the United States Postal Service subsequent to its 1971 reorganization. We investigate the economic drivers of productivity change (technical change, change in cost efficiency, and scale economies), and the distribution of the...
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The product test asks the product of a quantity index number and a price index number to equal the corresponding value change. The literature treats the product test as being so important that it is used to identify acceptable index number pairs, and to construct implicit index numbers when an...
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