ISBN: 9781333744083 - micro-production functions aren't pretty: firm-level and industry-level specification for inputs and outputs (classic reprint) (3 Ergebnisse)

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Paperback. Zustand: New. Print on Demand. This book explores the complexities of productivity within a single industry, paper production, by analyzing data from eleven plants over seven years. The author challenges the assumption that companies within the same industry classification are comparable black boxes, demonstrating significant variations in productivity due to product differences, production processes, and input intensities. Through detailed field research at each plant, the author develops thorough specifications for input and output variables, which are critical for accurate production function estimation. The findings highlight the importance of considering plant-specific characteristics when assessing productivity, a lesson applicable to other industries. By rejecting the simplistic view of industry homogeneity, this book provides valuable insights for researchers and policymakers seeking to understand and improve productivity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…