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"In this book the author analyzes measures of consumer well-being. The three main, neoclassical measures of well-being are the compensating variation, the equivalent variation, and consumer's surplus. The question is which of the measures of consumer well-being is the best. This book tackles the...
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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...
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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,...
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Key Features:Comprises a comprehensive volume of 26 papers, ranging from top journal articles to hard-to-get papersShows the interrelationship between economic theory and modeling of national economiesPuts a handle on seemingly slippery issues such as competitiveness and performance.
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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...
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