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Efficiency Issues in Transitional Economies : Application to Hungary.

Author: Jenifer Piesse
Publisher: Milton : Routledge, 2018.
Series: Routledge Revivals Ser.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
And Major Findings -- Concluding Remarks -- Bibliography.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Piesse, Jenifer.
Efficiency Issues in Transitional Economies : Application to Hungary.
Milton : Routledge, ©2018
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jenifer Piesse
ISBN: 9780429857249 0429857241 9780429458279 0429458274 9780429857232 0429857233 9780429857225 0429857225
OCLC Number: 1057671256
Notes: 9 Examining Changes Over Time Using Parametric and Nonparametric TFP Indices.
Description: 1 online resource (248 pages).
Contents: Cover; Half Title; Dedication; Title; Copyright; Contents; List of Tables; List of Figures; Acknowledgements; Introduction; PART I: THE TRANSITION, PRODUCTION THEORY, HUNGARIAN ACCOUNTING AND DATA; 1 Measurement in Periods of Transition; Introduction; The Characteristics of Economies in Transition; Why Measuring Efficiency in Production is Worthwhile; Conclusion: The Contribution of this Study; 2 The Economics of Transition; Introduction; An Overview of the Process of Reform; Enterprise Reform; Performance Measurement: A Selective Survey; Industrial Policy and Structural Transformation. Conclusion3 Parametric and Nonparametric Measures of Efficiency and Total Factor Productivity: Theoretical Relationships; Introduction; The Measurement of Productive Efficiency; Productivity Indices Derived from Parametric Functions; Nonparametric Production Models; Productivity Indices Derived from Nonparametric Functions; Parametric vs Nonparametric Models of Efficiency and Productivity Measurement; Conclusion; 4 The Contribution of Accounting Information in Efficiency Measurement: Hungarian Firm Level Data; Introduction; The Characteristics of Accounting Information. Comparative Accounting SystemsDevelopment of the Hungarian Accounting System; Reconciling Accounting Definitions; Data; Some Comments on Decision-Useful Accounting Information; Conclusion; Appendix: Reconciliation of Accounting Data; PART II: MODELS, ESTIMATION AND RESULTS; Introduction; 5 Primal and Dual Approaches and Functional Forms: Production Function Estimation and Explanation; Introduction; Primal and Dual Functions and Choice of Functional Form; Single Industry Level Elasticities and Factor Shares; Yearly Cross Section Results: Industry Comparisons; Cross-ownership Comparisons. Conclusion6 Firm and Industry Level Efficiency Measurement using Parametric and Nonparametric, Deterministic and Stochastic Frontiers; Introduction; Frontier Production Functions and Efficiency Measurement; Firm Level Efficiency Measurement; Industry Level Efficiency Measurement; The Frontier and Factor Proportions; Comparative Methodologies; Conclusion; 7 The Importance of Firm Size: Estimates of Returns to Scale and the Decomposition of Technical and Scale Efficiency; Introduction; The Problem of an Optimal Firm Size; A Review of Enterprise Statistics; The Identification of Scale Economies. The Programming Approach: Pure Technical and Scale EfficienciesComparison of Industry Scale Effects; Conclusion; 8 Inter-temporal Consistency, Panel Data Estimation, One and Two-Factor Error Component Models; Introduction; The Value of Panel Data Models; Panel Data Model Specification; Inter-temporal Consistency; Inter-temporal Dynamics; Error Component Regressions; Short and Long Run Elasticities; Conclusion; Appendix: Inter-temporal Effects; PART III: THE INDEX NUMBER APPROACH TO PRODUCTIVITY, EFFICIENCY AND TECHNICAL CHANGE; AN APPLICATION TO STRUCTURAL TRANSFORMATION; Introduction.
Series Title: Routledge Revivals Ser.

Abstract:

And Major Findings -- Concluding Remarks -- Bibliography.

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