Efficiency issues in transitional economies
| Titel: | Efficiency issues in transitional economies : an application to Hungary / Jenifer Piesse |
|---|---|
| Verfasser: | |
| Veröffentlicht: | Aldershot [u.a.] : Ashgate, 1999 |
| Umfang: | XII, 235 S. : graph. Darst. |
| Format: | Buch |
| Sprache: | Englisch |
| RVK-Notation: | |
| ISBN: | 1840149795 ; 9781840149791 |
| Hinweise zum Inhalt: |
Inhaltsverzeichnis
|
X
- List of Tables
- p. ix
- List of Figures
- p. xi
- Acknowledgements
- p. xii
- Introduction
- p. 1
- Part I
- The Transition, Production Theory, Hungarian Accounting and Data
- p. 5
- 1
- Measurement in Periods of Transition
- p. 7
- Introduction
- p. 7
- The Characteristics of Economies in Transition
- p. 9
- Why Measuring Efficiency in Production is Worthwhile
- p. 11
- Conclusion: The Contribution of this Study
- p. 14
- 2
- The Economics of Transition
- p. 16
- Introduction
- p. 16
- An Overview of the Process of Reform
- p. 16
- Enterprise Reform
- p. 21
- Performance Measurement: A Selective Survey
- p. 24
- Industrial Policy and Structural Transformation
- p. 29
- Conclusion
- p. 31
- 3
- Parametric and Nonparametric Measures of Efficiency and Total Factor Productivity: Theoretical Relationships
- p. 32
- Introduction
- p. 32
- The Measurement of Productive Efficiency
- p. 34
- Productivity Indices Derived from Parametric Functions
- p. 41
- Nonparametric Production Models
- p. 46
- Productivity Indices Derived from Nonparametric Functions
- p. 49
- Parametric vs Nonparametric Models of Efficiency and Productivity Measurement
- p. 51
- Conclusion
- p. 52
- 4
- The Contribution of Accounting Information in Efficiency Measurement: Hungarian Firm Level Data
- p. 55
- Introduction
- p. 55
- The Characteristics of Accounting Information
- p. 56
- Comparative Accounting Systems
- p. 57
- Development of the Hungarian Accounting System
- p. 59
- Reconciling Accounting Definitions
- p. 60
- Data
- p. 62
- Some Comments on Decision-Useful Accounting Information
- p. 72
- Conclusion
- p. 73
- Appendix
- Reconciliation of Accounting Data
- p. 75
- Part II
- Models, Estimation and Results
- p. 81
- Introduction
- p. 83
- 5
- Primal and Dual Approaches and Functional Forms: Production Function Estimation and Explanation
- p. 85
- Introduction
- p. 85
- Primal and Dual Functions and Choice of Functional Form
- p. 86
- Single Industry Level Elasticities and Factor Shares
- p. 89
- Yearly Cross Section Results: Industry Comparisons
- p. 91
- Cross-ownership Comparisons
- p. 98
- Conclusion
- p. 104
- 6
- Firm and Industry Level Efficiency Measurement using Parametric and Nonparametric, Deterministic and Stochastic Frontiers
- p. 106
- Introduction
- p. 106
- Frontier Production Functions and Efficiency Measurement
- p. 107
- Firm Level Efficiency Measurement
- p. 115
- Industry Level Efficiency Measurement
- p. 120
- The Frontier and Factor Proportions
- p. 122
- Comparative Methodologies
- p. 125
- Conclusion
- p. 128
- 7
- The Importance of Firm Size: Estimates of Returns to Scale and the Decomposition of Technical and Scale Efficiency
- p. 131
- Introduction
- p. 131
- The Problem of an Optimal Firm Size
- p. 132
- A Review of Enterprise Statistics
- p. 135
- The Identification of Scale Economies
- p. 137
- The Programming Approach: Pure Technical and Scale Efficiencies
- p. 139
- Comparison of Industry Scale Effects
- p. 141
- Conclusion
- p. 145
- 8
- Inter-temporal Consistency, Panel Data Estimation, One and Two-Factor Error Component Models
- p. 147
- Introduction
- p. 147
- The Value of Panel Data Models
- p. 148
- Panel Data Model Specification
- p. 151
- Inter-temporal Consistency
- p. 153
- Inter-temporal Dynamics
- p. 156
- Error Component Regressions
- p. 158
- Short and Long Run Elasticities
- p. 165
- Conclusion
- p. 166
- Appendix
- Inter-temporal Effects
- p. 167
- Part III
- The Index Number Approach to Productivity, Efficiency and Technical Change; An Application to Structural Transformation
- p. 171
- Introduction
- p. 173
- 9
- Examining Changes Over Time Using Parametric and Nonparametric TFP Indices
- p. 174
- Introduction
- p. 174
- An Index of Total Factor Productivity
- p. 176
- Technical Progress and the Multilateral Malmquist Index
- p. 186
- Comparative Performance Indicators
- p. 188
- Conclusion
- p. 193
- 10
- Decomposing Productivity into Efficiency and Technical Change: Leading Sectors and the Transformation
- p. 195
- Introduction
- p. 195
- Reversing the Course of the Structural Transformation in Hungary
- p. 196
- New Evidence on Old Questions
- p. 197
- The Malmquist Index: Comparative Sector Performance in Hungary
- p. 202
- Leading Sectors and Structural Transformation
- p. 210
- Conclusion
- p. 213
- Conclusion
- p. 216
- Summary and Major Findings
- p. 216
- Concluding Remarks
- p. 221
- Bibliograph
- p. 226
