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Firm Efficiency, Industry Performance and the Economy: Three-Way Decomposition with an Application to Andalusia

In: Efficiency and Input-Output Analyses Theory and Applications

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  • Antonio F. Amores
  • Thijs ten Raa

Abstract

An economy may perform better because the firms become more efficient, the industries are better organized, or the allocation between industries is improved. In this paper we extend the literature on the measurement of industry efficiency (a decomposition in firm contributions and an organizational effect) to a third level, namely that of the economy. The huge task of interrelating the performance of an economy to industrial firm data is accomplished for Andalusia.

Suggested Citation

  • Antonio F. Amores & Thijs ten Raa, 2021. "Firm Efficiency, Industry Performance and the Economy: Three-Way Decomposition with an Application to Andalusia," World Scientific Book Chapters, in: Efficiency and Input-Output Analyses Theory and Applications, chapter 5, pages 67-89, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811233296_0005
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    References listed on IDEAS

    as
    1. Thijs ten Raa & Pierre Mohnen, 2009. "Competition and Performance: The Different Roles of Capital and Labor," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 20, pages 371-388, World Scientific Publishing Co. Pte. Ltd..
    2. Thijs ten Raa & Pierre Mohnen, 2009. "Neoclassical Growth Accounting and Frontier Analysis: A Synthesis," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 19, pages 347-370, World Scientific Publishing Co. Pte. Ltd..
    3. Thijs ten Raa & José Manuel Rueda-Cantuche, 2009. "Stochastic Analysis of Input–Output Multipliers on the Basis of Use and Make Tables," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 17, pages 307-326, World Scientific Publishing Co. Pte. Ltd..
    4. Sebastián Lozano & Gabriel Villa, 2004. "Centralized Resource Allocation Using Data Envelopment Analysis," Journal of Productivity Analysis, Springer, vol. 22(1), pages 143-161, July.
    5. Li, Sung-ko & Cheng, Yuk-shing, 2007. "Solving the puzzles of structural efficiency," European Journal of Operational Research, Elsevier, vol. 180(2), pages 713-722, July.
    6. Shestalova, V., 2002. "Essays in productivity and efficiency," Other publications TiSEM 28d74701-2035-459f-b9f1-6, Tilburg University, School of Economics and Management.
    7. Thijs Raa, 2011. "Benchmarking and industry performance," Journal of Productivity Analysis, Springer, vol. 36(3), pages 285-292, December.
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    More about this item

    Keywords

    Efficiency; Input-Output; Benchmarking; Performance Measurement; TFP; Environmental Policy Analysis; Mark-ups; Consumer Surplus; CES Demand; Linkages; Heckscher-Ohlin Trade Flows; Leontief;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • D - Microeconomics

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