Intertemporal Production Frontiers

This book extends the efficiency literature to the case of intertemporal models. First, the authors introduce static network models which serve as building blocks for the intertemporal budgeting mo

This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. The authors construct a variety of production frontiers, and by measuring distances to them are able to develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. Linear programming is used as an analytical and computational technique in order to accomplish this. The approach developed is then applied to modelling producer behaviour. By focusing on the empirical relevance of production frontiers and distances to them, and applying linear programming techniques to artificial data to illustrate the type of information they can generate, this book provides a unique study in applied production analysis. It will be of interest to scholars and students of economics and operations research, and analysts in business and government.

Extends the efficiency literature to the case of intertemporal production models, with the ultimate goal of developing a fully dynamic model that can be implemented using activity analysis models. Cov

This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. The authors construct a variety of production frontiers, and by measuring distances to them are able to develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. Linear programming is used as an analytical and computational technique in order to accomplish this. The approach developed is then applied to modelling producer behaviour. By focusing on the empirical relevance of production frontiers and distances to them, and applying linear programming techniques to artificial data to illustrate the type of information they can generate, this book provides a unique study in applied production analysis. It will be of interest to scholars and students of economics and operations research, and analysts in business and government.

This book demonstrates how to apply modern approaches to complex system control in practical applications involving knowledge-based systems. The dimensions of knowledge-based systems are extended by i

Accelerating Regional Integration reviews the current state of regional integration agenda in LAC-Asia Pacific and explores various issues faced by these regions in their integration process.

Recent economic transformations in the world economy are progressing in two divergent directions – international production fragmentation and industrial agglomeration. Based on extensive data analysis

Cameron Strang takes American scientific thought and discoveries away from the learned societies, museums, and teaching halls of the Northeast and puts the production of knowledge about the natural wo

Due to new production areas and persistent productivity gains, Brazil has consolidated its position as a global leader and even as a ‘model’ of commercial, integrated crop production. The country is n

Concealed within the walls of settlements along the Green-Line, the border between Israel and the occupied West-Bank, is a complex history of territoriality, privatisation and multifaceted class dynamics. Since the late 1970s, the state aimed to expand the heavily populated coastal area eastwards into the occupied Palestinian territories, granting favoured groups of individuals, developers and entrepreneurs the ability to influence the formation of built space as a means to continuously develop and settle national frontiers. As these settlements developed, they became a physical manifestation of the relationship between the political interest to control space and the ability to form it. Telling a socio-political and economic story from an architectural and urban history perspective, Gabriel Schwake demonstrates how this production of space can be seen not only as a cultural phenomenon, but also as one that is deeply entangled with geopolitical agendas.

This volume, first published in 1998, presents developments in urban geography, club theory and local public finance, and international trade which contribute to the explanation of the modern opposing trends of integration and segregation. Part I explores the role of transportation costs, crowding, and preferences for a large variety of goods in shaping the main features of urban geography. Part II contains four contributions on fundamental issues associated with the provision of collective goods (club goods and local public goods) using a game-theoretic approach. Part III investigates features of the production, pricing, and consumption of congested public goods. The articles discuss the financing of transportation infrastructure (a special case of a congested public facility) in an intertemporal framework, the efficiency of monopolistic provision of congested public goods, the 'musical-suburbs' problem, and the influence of cessation forces on federations. Part IV covers key tax issu

New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applicati

Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and sin

This classic text has introduced generations of students to the economic theory of consumer behaviour. Written by 2015 Nobel Laureate Angus Deaton and John Muellbauer, the book begins with a self-contained presentation of the basic theory and its use in applied econometrics. These early chapters also include elementary extensions of the theory to labour supply, durable goods, the consumption function, and rationing. The rest of the book is divided into three parts. In the first of these the authors discuss restrictions on choice and aggregation problems. The next part consists of chapters on consumer index numbers; household characteristics, demand, and household welfare comparisons; and social welfare and inequality. The last part extends the coverage of consumer behaviour to include the quality of goods and household production theory, labour supply and human capital theory, the consumption function and intertemporal choice, the demand for durable goods, and choice under uncertainty.