Cost Structure and the Measurement of Economic Performance

Productivity, Utilization, Cost Economics, and Related Performance Indicators

  • Catherine J. Morrison Paul

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Catherine J. Morrison Paul
    Pages 1-24
  3. Catherine J. Morrison Paul
    Pages 25-55
  4. Catherine J. Morrison Paul
    Pages 57-87
  5. Catherine J. Morrison Paul
    Pages 89-115
  6. Catherine J. Morrison Paul
    Pages 117-145
  7. Catherine J. Morrison Paul
    Pages 147-173
  8. Catherine J. Morrison Paul
    Pages 175-207
  9. Catherine J. Morrison Paul
    Pages 209-239
  10. Catherine J. Morrison Paul
    Pages 241-268
  11. Catherine J. Morrison Paul
    Pages 269-299
  12. Catherine J. Morrison Paul
    Pages 301-330
  13. Catherine J. Morrison Paul
    Pages 331-336
  14. Back Matter
    Pages 337-363

About this book

Introduction

Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants.
The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies.
The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.

Keywords

Microeconomic Theory econometrics efficiency growth microeconomics modeling productivity

Authors and affiliations

  • Catherine J. Morrison Paul
    • 1
  1. 1.University of CaliforniaDavisUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-5093-8
  • Copyright Information Kluwer Academic Publishers 1999
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-7317-9
  • Online ISBN 978-1-4615-5093-8
  • About this book