Cost and Revenue Constrained Production
Springer-Verlag New York Inc.
978-0-387-94175-2 (ISBN)
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A prepublication draft of this manuscript was used as lecture notes in a graduate course in production theory at the Department of Economics at Bilkent University. We thank our students as well as faculty members for their patience and interest. Special thanks go to Dean Togan, Zeynap Koksal and Ali Dogramaci for making our stay in Ankara not only productive, but also enjoyable.
1 Introduction.- 1.0 Motivation.- 1.1 Outline.- 2 Structure of the Direct and Cost and Revenue Restricted Technology.- 2.0 Introduction.- 2.1 The Parent Technology.- 2.2 The Cost Restricted Technology.- 2.3 The Parent and Indirect Technologies: A First Comparison.- 2.4 The Revenue Restricted Technology.- Appendix: Cost and Revenue Functions.- 2.P Problems.- Notes.- 3 Representations of Technology.- 3.0 Introduction.- 3.1 The Direct and Indirect Output Distance Functions.- 3.2 The Direct and Indirect Input Distance Functions.- 3.3 Piecewise Linear Models.- 3.P Problems.- Notes.- 4 Indirect Revenue Maximization, Indirect Cost Minimization and Profit Maximization.- 4.0 Introduction.- 4.1 Revenue Maximization.- 4.2 Cost Minimization.- 4.3 Profit Maximization.- Appendix: Cost and Revenue Dualities.- 4.P Problems.- Notes.- 5 Applications of Duality.- 5.0 Introduction.- 5.1 Dualities Between Direct and Indirect Production.- 5.2 Shadow Pricing Inputs and Outputs.- 5.3 Scale Elasticity and Returns to Scale.- 5.P Problems.- Notes.- 6 Efficiency Gauging.- 6.0 Introduction.- 6.1 Indirect Input and Output Technical Efficiency Measures.- 6.2 Decomposition of Indirect Efficiency.- 6.3 Calculating Efficiency: Nonparametric Approach.- 6.4 Calculating Efficiency: Parametric Approach.- 6.P Problems.- Notes.- 7 Productivity.- 7.0 Introduction.- 7.1 Malmquist Productivity Indexes.- 7.2 Piecewise Linear Calculation of Productivity.- 7.3 Parametric Calculation of Productivity.- 7.4 The Fisher Ideal Index Approach to Productivity Measurement.- 7.5 The Tornqvist Index Approach to Productivity Measurement.- Appendix: The Translog Identity.- 7.P Problems.- Notes.- Appendix A: Standard Notations and Mathematical Appendix.- References.
Reihe/Serie | Bilkent University Lecture Series |
---|---|
Zusatzinfo | biography |
Verlagsort | New York, NY |
Sprache | englisch |
Maße | 165 x 248 mm |
Gewicht | 496 g |
Einbandart | gebunden |
Themenwelt | Wirtschaft ► Betriebswirtschaft / Management |
Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie | |
ISBN-10 | 0-387-94175-4 / 0387941754 |
ISBN-13 | 978-0-387-94175-2 / 9780387941752 |
Zustand | Neuware |
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