In this work I integrate some of my recent research developments in the theory and practice of Productivity and Efficiency Analysis of Economic Systems. In particular, I present some new theoretical relationships between various measures of efficiency and productivity, propose new solutions to some aggregation problems in efficiency analysis and...
Two essays are focused on crop choice and the growth of corn production in
the Corn Belt and surrounding areas. The first essay develops a partially
degenerate nested logit model to examine the effect of price islands and local
ethanol capacity on corn production and crop mix. The primary data...
The following three essays explore the use of the directional output distance function (Chambers et al., 1996), an economic model originally developed to measure efficiency and productivity for multi-input and multi-output production processes, to assess performance for multi-attributed environmental processes.
The first essay illustrates the use of the directional output...
This study has two main objectives. First, we propose an alternative way for treating deposits in modeling a banking firm, which account for both their input and output features. Second, we contribute to modeling failures in the banking sector by distinguishing three groups of factors affecting failures: bank level, industry...