Review of Production Economics.- Productivity and Efficiency Measurement Concepts.- Index Numbers and Productivity Measurement.- Data and Measurement Issues.- Data Envelopment Analysis.- Additional Topics on Data Envelopment Analysis.- Econometric Estimation of Production Technologies.- Stochastic Frontier Analysis.- Additional Topics on Stochastic Frontier Analysis.- The Calculation and Decomposition of Productivity Change Using Frontier Methods.- Conclusions.

Reviews

From the reviews of the second edition: "The authors introduce the four major methods economists use to analyze efficiency and productivity: econometric estimation of average response, index numbers, data envelopment analysis (DEA), and stochastic frontier analysis. They intend the book primarily as a text for students in economics and also for students in other disciplines, such as business administration. … On the whole, I rate the book as excellent … ." (Jamshed A. Modi, Interfaces, Vol. 37 (2), 2007)

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