A. Dogramaci and N.R. Adam Productivity of a firm is influenced both by economic forces which act at the macro level and impose themselves on the individual firm as well as internal factors that result from decisions and processes which take place within the boundaries of the firm. Efforts towards increasing the produc tivity level of firms need to be based on a sound understanding of how the above processes take place. Our objective in this volume is to present some of the recent research work in this field. The volume consists of three parts. In part I, two macro issues are addressed (taxation and inflation) and their relation to produc tivity is analyzed. The second part of the volume focuses on methods for productivity analysis within the firm. Finally, the third part of the book deals with two additional productivity analysis techniques and their applications to public utilities. The objective of the volume is not to present a unified point of view, but rather to cover a sample of different methodologies and perspectives through original, scholarly papers.
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1 Introduction.- One.- 2 Corporate Tax Policy and Economic Growth: An Analysis 1981 and 1982 Tax Acts.- 2.1 Introduction.- 2.2 The Estimation of Effective Tax Rates.- 2.3 Effective Tax Rates on Income from Capital: 1952–1980.- 2.4 The Tax Acts of 1981 and 1982.- 2.5 User Costs and the Demand for Capital.- Notes.- References.- Appendix to Chapter 2.- 3 Inflation and Productivity Growth.- 3.1 Introduction.- 3.2 Measurement Problems.- 3.3 Real Efficiency Losses.- 3.4 Energy Price Effects.- 3.5 Conclusions.- Notes.- References.- Appendix 1 to Chapter 3.- Appendix 2 to Chapter 3.- Two.- 4 NIPA: A Model for Net Income and Productivity Analysis.- 4.1 Introduction.- 4.2 The Model.- 4.3 The Data.- 4.4 The Results.- 4.5 Uses of NIPA.- Notes.- References.- 5 Productivity Measures: Descriptive Averages Versus Analytical Needs.- 5.1 Introduction.- 5.2 On the Vulnerability of Aggregate Measures of Productivity.- 5.3 On the Vulnerability of Analyses and Interpretations of Industry-Level Changes in Productivity.- 5.4 Elements of a More Effective Approach to the Diagnosis and Improvement of Productivity Performance.- 5.5 Some Concluding Observations.- Notes.- References.- 6 Analyzing the Effects of Computed-Aided Manufacturing Systems on Productivity and Competitiveness.- 6.1 Introduction.- 6.2 Study Objectives.- 6.3 Some Common Elements in Evaluations of Major Equipment Acquisitions.- 6.4 On the Distinctive Capabilities of Computer-Aided Manufacturing.- 6.5 Improving Management’s Approach to Exploring CAM Potentials.- 6.6 Improving Managerial Evaluations of CAM Proposals.- 6.7 Some Problems of Implementation.- 6.8 Conclusions.- Notes.- References.- 7 Productivity Analysis Using Subjective Output Measures: A Perceptual Mapping Approach for “Knowledge Work” Organizations.- 7.1 Introduction.- 7.2 Present Approaches for Measuring Knowledge Work Effectiveness.- 7.3 An Integrated Approach to Measuring Effectiveness in Knowledge Work Organizations.- 7.4 Conclusions.- Notes.- References.- Three.- 8 Measuring Efficiency in Production: With an Application to Electric Utilities.- 8.1 Introduction.- 8.2 The Production Technology.- 8.3 Measures of Technical Efficiency.- 8.4 Calculating the Efficiency Measures.- 8.5 An Application to Electric Utilities.- 8.6 Summary and Conclusions.- Notes.- References.- 9 Alternatives for Productivity-Based Pricing in Public Utility Regulation—The Case of Telecommunications.- 9.1 Introduction.- 9.2 Rate of Return Regulation: A Behavioral Model.- 9.3 Costs, Rates, and Productivity.- 9.4 A Comprehensive Interim Productivity-Based Rate Adjustment Clause.- 9.5 Productivity Incentives.- 9.6 Built-In Cost Efficiency Incentives.- 9.7 Built-In Rate of Return Incentives.- 9.8 Pricing Efficiency.- 9.9 Uncertainties and Efficiency in Planning and Control.- 9.10 Key Issues in Choosing Productivity and Cost Standards.- 9.11 Adjustment Clauses in Telecommunications: Historical Perspective and Current Practice.- 9.12 Simulation Results.- 9.13 Concluding Remarks.- Notes.- References.- Author Index.
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