Accounting for externalities in the measurement of productivity growth: The Malmquist cost productivity measure
Yazarlar (4)
E. Ball
Usda Economic Research Service, Amerika Birleşik Devletleri
Rolf Färe Oregon State University, Amerika Birleşik Devletleri
S. Grosskopf Oregon State University, Amerika Birleşik Devletleri
Prof. Dr. Osman Zihni ZAİM Bilkent Üniversitesi, Türkiye
Makale Türü Özgün Makale (SCOPUS dergilerinde yayınlanan tam makale)
Dergi Adı Structural Change and Economic Dynamics
Dergi ISSN 0954-349X Wos Dergi Scopus Dergi
Makale Dili İngilizce Basım Tarihi 01-2005
Kabul Tarihi Yayınlanma Tarihi 01-09-2005
Cilt / Sayı / Sayfa 16 / 3 / 374–394 DOI 10.1016/j.strueco.2004.04.008
Makale Linki https://www.sciencedirect.com/science/article/pii/S0954349X04000347
UAK Araştırma Alanları
Sosyal, Beşeri ve İdari Bilimler
Özet
This paper starts with the basic premise: that conventional measures of productivity growth—often used as a measure of corporate performance—which ignore external or social output, are biased. We then construct an alternative productivity growth measure using activity analysis which integrates the externality/social output into a generalized productivity measure reflecting social responsibility. This method is very general and could be applied to gauge corporate social responsibility. We provide an application to US agriculture to demonstrate the approach: we show that conventional measures of productivity are biased upward when production of negative externalities (or bad) outputs is increasing. Conversely, this same measure of productivity is biased downward when externalities in production are decreasing.
Anahtar Kelimeler
Activity analysis | Externalities | Malmquist | Productivity | US agriculture