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Current developments in productivity and efficiency measurement

Dorfman, J. and Koop, G.M. (2005) Current developments in productivity and efficiency measurement. Journal of Econometrics, 126 (2). pp. 233-240. ISSN 0304-4076

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Abstract

This collection presents a cross-section of papers addressing new advances in the field of productivity and efficiency measurement. The specific topics covered in this volume focus on several major issues: productivity and efficiency measurement in the presence of undesirable outputs; new and alternative measures of productivity and efficiency; new econometric approaches designed to produce better estimates; and evaluation of different estimators and the statistical precision of those estimators. The hope is that this volume will serve as a well-rounded introduction to this field and as a useful guide of where the latest research in this field is heading.