| Article ID: | iaor19981613 |
| Country: | Netherlands |
| Volume: | 85 |
| Issue: | 3 |
| Start Page Number: | 435 |
| End Page Number: | 453 |
| Publication Date: | Sep 1995 |
| Journal: | European Journal of Operational Research |
| Authors: | Sudit Ephraim F. |
| Keywords: | productivity |
Conceptual foundations of productivity measures emcompassing technical change, technical efficiency, scale efficiency, and allocative efficiency are discussed. Three principal approaches to productivity measurement – index measurement, programming methods, and econometric estimation – are reviewed. The merits, uses, information requirements, and limitations of methods for the estimation of production and cost frontiers and their derivative productivity measures are assessed.