Aggregation, Efficiency, and Measurement
This volume presents the work of leading scholars in the areas of aggregation, efficiency, and measurement, covering both theoretical and empirical aspects of the field. Among the topics included are new results concerning aggregation of technical efficie
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Studies in Productivity and Efficiency Series Editors: Rolf Fare Shawna Grosskopf Oregon State University
R. Robert Russell University of California, Riverside
Books in the series: Fox, Kevin J.: Efficiency in the Public Sector Ball, V. Eldon and Norton, George W.: Agricultural Productivity: Measurement and Sources of Growth Fare, Rolf and Grosskopf, Shawna : New Directions: Efficiency and Productivity Daraio, C. and Simar, L.: Advanced Robust and Nonpararnetric Methods in Efficiency Analysis: Methods and Applications Fare, R ., Grosskopf, S., and Primont, D.: Aggregation, Efficiency, and Measurement
AGGREGATION, EFFICIENCY, AND MEASUREMENT
Edited by
Rolf Fare Oregon State University, Corvallis, OR, USA
Shawna Grosskopf Oregon State University, Corvallis, OR, USA
Daniel Primont Southern Illinois University, Carbondale, IL, USA
~ Springer
Library of Congress Control Number: 2006935262 ISBN-lO: 0-387-36948-1 ISBN-13 : 978-0387-36948-8
e-ISBN 0-387-47677-6 e-ISBN-13 : 978-0387-47677-3
Printed on acid -free paper. © 2007 Springer Science-l-Business Media, LLC All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science-l-Busiuess Media, LLC, 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with reviews or scholarly analysis. Use in connection with any form of information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed is forbidden . The use in this publication of trade names, trademarks, service marks, and similar terms, even if they are not identified as such , is not to be taken as an expression of opinion as to whether or not they are subject to proprietary rights.
Printed in the United States of America.
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Contents
Preface Rolf Fare, Shawna Grosskopf, and Daniel Primont . . . . . . . . . . . . . . . .
VII
Tribute to R . Robert Russell Daniel Primont . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
XI
List of Contributors
XVII
The Pareto-Optima of Finite-Horizon OLG Models Charles Blackorby and Craig Brett . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
Derivative Properties of Directional Technology Distance Functions Lane Blume Hudgin s and Daniel Primont . . . . . . . . . . . . . . . . . . . . . . . .
31
Synergistic Mergers in an Agency Context: An Illustration of the Interaction of the Observability Problem and Synergistic Merger Tim S. Campbell and Anthony M. Marino. . . .. . . . . . . . . . . . . . .. . . .
45
The Le Chatelier Principle in Data Envelopment Analysis W. Erwin Diewert and M. Nimfa F. Mendoza . . . . . . . . . . . . . . . . . . . .
63
Finding Common Ground: Efficiency Indices Rolf Fare, Shawna Grosskopf, and Valentin Zelenyuk
83
Sources of Manufacturing Productivity Growth: U.S. States 1990-1999 Shawna Grosskopf, Kathy Hayes, and Lori L. Taylor. . . . .... . .... .
97
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