𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬 (𝟏𝟎 𝐜𝐡𝐚𝐩𝐭𝐞𝐫𝐬)

Introduction
Catherine J. Morrison
Pages 1-25
The Traditional Measurement of Productivity Growth: Theoretical Issues
Catherine J. Morrison
Pages 27-51
The Measurement and Interpretation of Capacity Utilization
Catherine J. Morrison
Pages 53-77
Interactions Among Measures of Productivity Growth, Returns to Scale and Capacity Utilization
Catherine J. Morrison
Pages 79-103
Empirical Implementation of Productivity Growth Measures and Adjustments
Catherine J. Morrison
Pages 105-129
Data Construction for Estimation and Measurement
Catherine J. Morrison
Pages 131-157
Issues of Econometric Implementation
Catherine J. Morrison
Pages 159-183
Empirical Evidence on Productivity Growth and Capacity Utilization
Catherine J. Morrison
Pages 185-212
Other Factors Affecting Productivity Growth: Some Recent Developments
Catherine J. Morrison
Pages 213-236
Pulling it Together
Catherine J. Morrison
Pages 237-262

This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc­ tion procedures. It goes further, however, by expanding the tradition­ al growth accounting (index number) framework to allow consider­ ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con­ sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em­ pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character­ istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures.