The Oxford Handbook of Productivity Analysis

Edited by Emili Grifell-Tatjé, C.A. Knox Lovell, and Robin C. Sickles

Oxford Handbooks

Reveals the internal and external factors that drive or constrain productivity
Enhances understanding of how productivity contributes to business success, international competitiveness, economic development and social welfare
Chapters contain valuable references to the relevant literature, both analytical and policy-relevant

The Oxford Handbook of Productivity Analysis

Edited by Emili Grifell-Tatjé, C.A. Knox Lovell, and Robin C. Sickles

Description

Productivity underpins business success and national well-being and thus it is crucial to understand the factors that influence productivity growth. This volume provides a comprehensive exploration into the significance of productivity growth for business, the economy, and for social economic progress. It examines how productivity is defined, measured and implemented. It also surveys the dispersion of productivity across time and place, focusing on the productivity dynamics that either leads to a reallocation of resources that reduces dispersion and increases aggregate productivity or, conversely, allows dispersion to persist behind barriers to productivity-enhancing reallocation. A third focus is an investigation of the drivers of, or impediments to, productivity growth, some of which are organizational in nature and under management control and others of which are institutional in nature and subject to public policy intervention.

The Oxford Handbook of Productivity Analysis contains contributions of distinguished productivity experts from around the world who analyze a wide range of timely issues. These issues concern purely analytical topics surrounding the measurement of productivity in various situations, beginning with the ideal situation in which all inputs and all outputs, and their prices, are observed accurately. They also include service sectors such as education in which the services provided are hard to define, much less measure, and other sectors that generate undesirable environmental externalities that are difficult to price and complicate the very definition of productivity. The issues also involve business management topics ranging from the role of business models and benchmarking to the quality of management practices, the adoption of new technologies, and possible complementarities between the two. The relationship between productivity and business performance is also explored. At a more aggregate level the issues range from the impacts of market power, incentive regulation, international trade and global value chains on productivity, to the contribution of productivity to economic development and economic welfare.

The Oxford Handbook of Productivity Analysis

Edited by Emili Grifell-Tatjé, C.A. Knox Lovell, and Robin C. Sickles

Oxford Handbooks

PART I: EDITORS' INTRODUCTION
1. Overview of Productivity Analysis: History, Issues and Perspectives
Emili Grifell-Tatjé, C. A. Knox Lovell, and Robin C. Sickles
PART II: THE FOUNDATIONS OF PRODUCTIVITY ANALYSIS
2. Empirical Productivity Indices and Indicators
Bert M. Balk
3. The BLS Productivity Program
Lucy Eldridge, Chris Sparks, and Jay Stewart
4. Theoretical Productivity Indices
R. Robert Russell
5. Dynamic Efficiency and Productivity
Rolf Färe, Shawna Grosskopf, Dimitris Margaritis, and William L. Weber
6. Productivity Measurement in Sectors with Hard-to-Measure Output
Kim Zieschang
7. Productivity Measurement in the Public Sector
W. Erwin Diewert
8. Productivity Measurement and the Environment
Finn R. Førsund
PART III: MICROECONOMIC STUDIES
9. Productivity and Financial Performance
Emili Grifell-Tatjé and C. A. Knox Lovell
10. Business Model Innovation and Replication: Implications for the Measurement of Productivity
Roberto Garcia-Castro, Joan Enric Ricart, Marvin B. Lieberman, and Natarajan Balasubramanian
11. The Labor Productivity of Family Firms: A Socioemotional Wealth Perspective
Shainaz Firfiray, Martin Larraza-Kintana, and Luis R. Gómez-Mejía
12. Innovation, Management Practices, and Productivity
Mary J. Benner
13. Internationalization, Innovation and Productivity
Bruno Cassiman and Elena Golovko
14. Effect of International Competition on Firm Productivity and Market Power
Jan De Loecker and Johannes Van Biesebroeck
15. Efficiency Measures in Regulated Industries: History, Outstanding Challenges and Emerging Solutions
Laurens Cherchye, Bram De Rock, Antonio Estache, and Marijn Verschelde
16. Theory, Techniques and Applications of Regulatory Benchmarking and Productivity Analysis
Per J. Agrell and Peter Bogetoft
PART IV: MACROECONOMIC STUDIES
17. Productivity and Welfare Performance in the Public Sector
Mathieu Lefebvre, Sergio Perelman, and Pierre Pestieau
18. Measuring Productivity Dispersion
Eric J. Bartelsman and Zoltan Wolf
19. Decomposing Value Added Growth into Explanatory Factors
W. Erwin Diewert and Kevin J. Fox
20. The World KLEMS Initiative: Measuring Productivity at the Industry Level
Dale W. Jorgenson
21. Productivity and Substitution Patterns in Global Value Chains
Marcel Timmer and Xianjia Ye
22. The Industry Sources of Productivity Growth and Convergence
Robert Inklaar
23. Productivity and Economic Development
Hak K. Pyo
24. The Productivity of Nations
Oleg Badunenko, Daniel J. Henderson, and Valentin Zelenyuk

The Oxford Handbook of Productivity Analysis

Edited by Emili Grifell-Tatjé, C.A. Knox Lovell, and Robin C. Sickles

Oxford Handbooks

Author Information

Edited by Emili Grifell-Tatjé, Professor of Economics, Autonomous University of Barcelona, Edited by C.A. Knox Lovell, Honorary Professor, School of Economics, University of Queensland, Australia, and Professor Emeritus, Terry College of Business, University of Georgia, and Edited by Robin C. Sickles, Reginald Henry Hargrove Chair and Professor of Economics, Rice University

Emili Grifell-Tatjé is currently Professor of Management and Business Economics in the Department of Business at the Universitat Autònoma de Barcelona. He has published in a wide range of academic journals in the fields of economics and business, a book for Cambridge University Press, and lectured around the world on a range of business and productivity issues.

C. A. Knox Lovell is Honorary Professor, School of Economics, University of Queensland. He has authored four books and edited seven books, authored over 100 journal articles, served as Editor-in-Chief of Journal of Productivity Analysis and on editorial boards of several other journals, and lectured around the world on a range of productivity issues.

Robin C. Sickles is the Reginald Henry Hargrove Chair of Economics and is a Professor of Statistics at Rice University. He has written over 90 peer-reviewed articles, 25 book chapters, and has written and edited nine books and special journal issues. He has served as Editor-in-Chief of Journal of Productivity Analysis and on editorial boards of Journal of Applied Econometrics, Journal of Business and Economic Statistics, Communications in Statistics, Empirical Economics, and Journal of Econometrics.

Contributors:

Per J. Agrell
Oleg Badunenko
Natarajan Balasubramanian
Bert M. Balk
Eric J. Bartelsman
Mary J. Benner
Peter Bogetoft
Bruno Cassiman
Laurens Cherchye
Jan De Loecker
Bram De Rock
W. Erwin Diewert
Lucy Eldridge
Antonio Estache
Rolf Färe
Shainaz Firfiray
Finn R. Førsund
Kevin J. Fox
Roberto Garcia-Castro
Elena Golovko
Luis R. Gómez-Mejía
Shawna Grosskopf
Daniel J. Henderson
Robert Inklaar
Dale W. Jorgenson
Martin Larraza-Kintana
Mathieu Lefebvre
Marvin B. Lieberman
Dimitris Margaritis
Sergio Perelman
Pierre Pestieau
Hak K. Pyo
Joan Enric Ricart
R. Robert Russell
Chris Sparks
Jay Stewart
Marcel Timmer
Johannes Van Biesebroeck
Marijn Verschelde
William L. Weber
Zoltan Wolf
Xianjia Ye
Valentin Zelenyuk
Kim Zieschang