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The volume highlights the state-of-the-art knowledge (including
data analysis) of productivity, inequality and efficiency analysis.
It showcases a selection of the best papers from the 9th North
American Productivity Workshop. These papers are relevant to
academia, but also to public and private sectors in terms of the
challenges that firms, financial institutions, governments, and
individuals may face when dealing with economic and education
related activities that lead to increase or decrease of
productivity. The volume also aims to bring together ideas from
different parts of the world about the challenges those local
economies and institutions may face when changes in productivity
are observed. These contributions focus on theoretical and
empirical research in areas including productivity, production
theory and efficiency measurement in economics, management science,
operation research, public administration, and education. The North
American Productivity Workshop (NAPW) brings together academic
scholars and practitioners in the field of productivity and
efficiency analysis from all over the world, and this proceedings
volume is a reflection of this mission. The papers in this volume
also address general topics as education, health, energy, finance,
agriculture, transport, utilities, and economic development, among
others. The editors are comprised of the 2016 local organizers,
program committee members, and celebrated guest conference
speakers.
All humans eventually die, but life expectancies differ over time
and among different demographic groups. Teasing out the various
causes and correlates of death is a challenge, and it is one we
take on in this book. A look at the data on mortality is both
interesting and suggestive of some possible relationships. In 1900
life expectancies at birth were 46. 3 and 48. 3 years for men and
women respectively, a gender differential of a bit less than 5
percent. Life expectancies for whites then were about 0. 3 years
longer than that of the whole population, but life expectancies for
blacks were only about 33 years for men and women. At age 65, the
remaining life expectancies were about 12 and 11 years for whites
and blacks respectively. Fifty years later, life expectancies at
birth had grown to 66 and 71 years for males and females
respectively. The percentage differential between the sexes was now
almost up to 10 percent. The life expectancies of whites were about
one year longer than that for the entire population. The big change
was for blacks, whose life expectancy had grown to over 60 years
with black females living about 5 percent longer than their male
counterparts. At age 65 the remaining expected life had increased
about two years with much larger percentage gains for blacks.
The volume examines the state-of-the-art of productivity and
efficiency analysis. It brings together a selection of the best
papers from the 10th North American Productivity Workshop. By
analyzing world-wide perspectives on challenges that local
economies and institutions may face when changes in productivity
are observed, readers can quickly assess the impact of productivity
measurement, productivity growth, dynamics of productivity change,
measures of labor productivity, measures of technical efficiency in
different sectors, frontier analysis, measures of performance,
industry instability and spillover effects. The contributions in
this volume focus on the theory and application of economics,
econometrics, statistics, management science and operational
research related to problems in the areas of productivity and
efficiency measurement. Popular techniques and methodologies
including stochastic frontier analysis and data envelopment
analysis are represented. Chapters also cover broader issues
related to measuring, understanding, incentivizing and improving
the productivity and performance of firms, public services, and
industries.
From Robin Sickles: As I indicated to you some months ago Professor
William Horrace and I would like Springer to publish a Festschrift
in Honor of Peter Schmidt, our professor. Peter s accomplishments
are legendary among his students and the profession. I have a bit
of that student perspective in my introductory and closing remarks
on the website for the conference we had in his honor this last
July. I have attached the conference program from which selected
papers will come (as well as from students who were unable to
attend). You will also find the names of his students (40) on the
website. A top twenty economics department could be started up from
those 40 students. Papers from some festschrifts have a thematic
link among the papers based on subject material. What I think is
unique to this festschrift is that the theme running through the
papers will be Peter s remarkable legacy left to his students to
frame a problem and then analyze and examine it in depth using
rigorous techniques but rarely just for the purpose of showcasing
technical refinements per se. I think this would be a book that
graduate students would find invaluable in their early research
careers and seasoned scholars would find invaluable in both their
and their students research."
The volume examines the state-of-the-art of productivity and
efficiency analysis. It brings together a selection of the best
papers from the 10th North American Productivity Workshop. By
analyzing world-wide perspectives on challenges that local
economies and institutions may face when changes in productivity
are observed, readers can quickly assess the impact of productivity
measurement, productivity growth, dynamics of productivity change,
measures of labor productivity, measures of technical efficiency in
different sectors, frontier analysis, measures of performance,
industry instability and spillover effects. The contributions in
this volume focus on the theory and application of economics,
econometrics, statistics, management science and operational
research related to problems in the areas of productivity and
efficiency measurement. Popular techniques and methodologies
including stochastic frontier analysis and data envelopment
analysis are represented. Chapters also cover broader issues
related to measuring, understanding, incentivizing and improving
the productivity and performance of firms, public services, and
industries.
The volume highlights the state-of-the-art knowledge (including
data analysis) of productivity, inequality and efficiency analysis.
It showcases a selection of the best papers from the 9th North
American Productivity Workshop. These papers are relevant to
academia, but also to public and private sectors in terms of the
challenges that firms, financial institutions, governments, and
individuals may face when dealing with economic and education
related activities that lead to increase or decrease of
productivity. The volume also aims to bring together ideas from
different parts of the world about the challenges those local
economies and institutions may face when changes in productivity
are observed. These contributions focus on theoretical and
empirical research in areas including productivity, production
theory and efficiency measurement in economics, management science,
operation research, public administration, and education. The North
American Productivity Workshop (NAPW) brings together academic
scholars and practitioners in the field of productivity and
efficiency analysis from all over the world, and this proceedings
volume is a reflection of this mission. The papers in this volume
also address general topics as education, health, energy, finance,
agriculture, transport, utilities, and economic development, among
others. The editors are comprised of the 2016 local organizers,
program committee members, and celebrated guest conference
speakers.
From the Introduction: This volume is dedicated to the remarkable
career of Professor Peter Schmidt and the role he has played in
mentoring us, his PhD students. Peter's accomplishments are
legendary among his students and the profession. Each of the papers
in this Festschrift is a research work executed by a former PhD
student of Peter's, from his days at the University of North
Carolina at Chapel Hill to his time at Michigan State University.
Most of the papers were presented at The Conference in Honor of
Peter Schmidt, June 30 - July 2, 2011. The conference was largely
attended by his former students and one current student, who
traveled from as far as Europe and Asia to honor Peter. This was a
conference to celebrate Peter's contribution to our contributions.
By "our contributions" we mean the research papers that make up
this Festschrift and the countless other publications by his
students represented and not represented in this volume. Peter's
students may have their families to thank for much that is positive
in their lives. However, if we think about it, our professional
lives would not be the same without the lessons and the approaches
to decision making that we learned from Peter. We spent our days
together at Peter's conference and the months since reminded of
these aspects of our personalities and life goals that were
enhanced, fostered, and nurtured by the very singular experiences
we have had as Peter's students. We recognized in 2011 that it was
unlikely we would all be together again to celebrate such a
wonderful moment in ours and Peter's lives and pledged then to take
full advantage of it. We did then, and we are now in the form of
this volume.
All humans eventually die, but life expectancies differ over time
and among different demographic groups. Teasing out the various
causes and correlates of death is a challenge, and it is one we
take on in this book. A look at the data on mortality is both
interesting and suggestive of some possible relationships. In 1900
life expectancies at birth were 46. 3 and 48. 3 years for men and
women respectively, a gender differential of a bit less than 5
percent. Life expectancies for whites then were about 0. 3 years
longer than that of the whole population, but life expectancies for
blacks were only about 33 years for men and women. At age 65, the
remaining life expectancies were about 12 and 11 years for whites
and blacks respectively. Fifty years later, life expectancies at
birth had grown to 66 and 71 years for males and females
respectively. The percentage differential between the sexes was now
almost up to 10 percent. The life expectancies of whites were about
one year longer than that for the entire population. The big change
was for blacks, whose life expectancy had grown to over 60 years
with black females living about 5 percent longer than their male
counterparts. At age 65 the remaining expected life had increased
about two years with much larger percentage gains for blacks.
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.
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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