Empirical measurement and analysis of productivity and technological change : applications in high-technology and service industries

Bibliographic Information

Empirical measurement and analysis of productivity and technological change : applications in high-technology and service industries

J.R. Norsworthy, S.L. Jang

(Contributions to economic analysis, 211)

North-Holland, 1992

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Includes bibliographical references and index

Description and Table of Contents

Description

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.

Table of Contents

Definitions and Basic Concepts of Productivity and Technological Change. Measurement of Technological Change and its Productivity Effects. Quantity-Based Measurement of Technological Change in Economic Models. Measurement of Capital and Other Inputs. Patterns of Technological Change in the U.S. Computer Industry. Scale Economies, Learning Curves and Downstream Productivity Growth: A Study of Technology in the U.S. Microelectronics and Computer Industries. Measurement of Quality Change in Semiconductors: Evidence from U.S. Telecommunications Equipment Industries. Measurement in Service Industries: Data Requirements for Analysis of Technological Change and Productivity. Measurement of Productivity for Price CAP Regulation of Telecommunications Services. Productivity, Costs and Worker Behavior: A Cross-Section Econometric Model for the U.S. Postal Service. Role of Worker Attitudes in Service Industry Production: Case Study of the U.S. Postal Service. Measuring Product-Specific Markup, Marginal Cost, and Return to Capital in the Multiproduct Regulated Enterprise. Author Index. Subject Index.

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