Methods and perspectives to model and measure productivity and
efficiency have made a number of important advances in the last
decade. Using the standard and innovative formulations of the
theory and practice of efficiency and productivity measurement,
Robin C. Sickles and Valentin Zelenyuk provide a comprehensive
approach to productivity and efficiency analysis, covering its
theoretical underpinnings and its empirical implementation, paying
particular attention to the implications of neoclassical economic
theory. A distinct feature of the book is that it presents a wide
array of theoretical and empirical methods utilized by researchers
and practitioners who study productivity issues. An accompanying
website includes methods, programming codes that can be used with
widely available software like MATLAB (R) and R, and test data for
many of the productivity and efficiency estimators discussed in the
book. It will be valuable to upper-level undergraduates, graduate
students, and professionals.
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