Discovery Projects - Grant ID: DP0450568

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0450568

Funding Status
Closed

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Funded Activity Summary

Robust Productivity Measurement: An Econometric Distance Function Approach. Accurate measures of productivity are required in a range of economic analyses. For example, in the assessment of the success of microeconomic reforms, or in price-cap regulation of utility and transport infrastructure firms. In this project we investigate the use of econometric distance functions as a means of obtaining improved productivity measures. This new approach addresses the main criticisms of alternative approaches, such as the single output restriction in the production function approach, the optimisation assumptions embedded in both the value dual approach and the Törnqvist index approach, and the statistical noise criticism of the data envelopment analysis approach.

Funded Activity Details

Start Date: 01-01-2004

End Date: 31-12-2007

Funding Scheme: Discovery Projects

Funding Amount: $150,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Econometric And Statistical Methods | Panel Data Analysis | Econometrics | Microeconomic Theory

ANZSRC Socio-Economic Objective (SEO)

Measurement standards and calibration services not elsewhere classified | Productivity | Industry costs and structure |

Other Keywords

Econometric And Statistical Methods | Econometrics | Industry costs and structure | Measurement standards and calibration services not elsewhere classified | Microeconomic Theory | Panel Data Analysis | Productivity

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