Advanced Search
MyIDEAS: Login

The Theory of Benchmarking and the Measurement of Industrial Organization

Contents:

Author Info

  • Raa, T. ten

    (Tilburg University, Center for Economic Research)

Registered author(s):

    Abstract

    If more productive firms grow relatively fast, an industry performs better, even when no firm exhibits technical or efficiency change.In other words, the two well-known sources of productivity growth-technology and efficiency-can be augmented by a third one, namely the industrial organization effect.In this paper the efficiency of an industrial organization and its contribution to performance are measured by benchmarking all firms on the industry.More precisely, efficiency is measured by the proximity between a firm and the best practices.Aggregation of firm efficiencies is imperfect.The bias is used to measure the efficiency of the industrial organization.In benchmarking, change transmitted by a firm represents productivity growth and change transmitted by the best practices represents technical change.Although I use a nonparametric framework, which requires only input and output information, duality analysis reveals the Solow residual.In discrete time Malmquist indices capture the measurement of the industrial organization effect, efficiency changes, and technical change.The industrial organization of Japanese banking is analyzed.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://arno.uvt.nl/show.cgi?fid=53929
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Richard Broekman)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2006-53.

    as in new window
    Length:
    Date of creation: 2006
    Date of revision:
    Handle: RePEc:dgr:kubcen:200653

    Contact details of provider:
    Web page: http://center.uvt.nl

    Related research

    Keywords: Industrail organization; Efficiency; Aggregation; Productivity;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Raa, M.H. ten, 1995. "The substitution theorem," Open Access publications from Tilburg University urn:nbn:nl:ui:12-381858, Tilburg University.
    2. Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March.
    3. Blackorby, C. & Russell, R.R., 1996. "Aggregation of Efficiency Indices," G.R.E.Q.A.M. 96a25, Universite Aix-Marseille III.
    4. Raa Thijs Ten, 1995. "The Substitution Theorem," Journal of Economic Theory, Elsevier, vol. 66(2), pages 632-636, August.
    5. Raa, T. ten & Shestalova, V., 2006. "Alternative Measures of Total Factor Productivity Growth," Discussion Paper 2006-54, Tilburg University, Center for Economic Research.
    6. Dale Jorgenson & Mun Ho & Kevin Stiroh, 2003. "Growth of US Industries and Investments in Information Technology and Higher Education," Economic Systems Research, Taylor & Francis Journals, vol. 15(3), pages 279-325.
    7. ten Raa,Thijs, 2006. "The Economics of Input-Output Analysis," Cambridge Books, Cambridge University Press, number 9780521602679, October.
    8. Thijs Raa, 2005. "Aggregation of Productivity Indices: The Allocative Efficiency Correction," Journal of Productivity Analysis, Springer, vol. 24(2), pages 203-209, October.
    9. Fukuyama, Hirofumi & Weber, William L., 2002. "Estimating output allocative efficiency and productivity change: Application to Japanese banks," European Journal of Operational Research, Elsevier, vol. 137(1), pages 177-190, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:dgr:kubcen:200653. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Broekman).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.