Hardbound. Defined and illustrated in this book is the measurement
of productivity and the sources and effects of technological change
for industries and enterprises. A general framework for analysis
unites general assumptions about market structure and producer
motivation with new econometric methods to quantify, e.g. economics
of scale and scope, learning effects and sources of biased
technological change. Adaptation of accounting data to appropriate
financial and economic concepts is stressed for both econometric
and non-econometric measurement methods. High technology industries
such as computers, semiconductors and telecommunications equipment
are studied as well as regulated service enterprises. Computation
and estimation routines for the SORITEC econometrics software are
available on diskette from the authors.
General
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