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Neoclassical approaches to productivity measurement often assume that markets generate efficient outcomes and thus ignore the role of inefficiency, preventing one from understanding a root cause of productivity and its growth. In Productivity and Efficiency Analysis Using Stata, Oleg Badunenko, Robin C. Sickles, and Valentin Zelenyuk clarify this issue, providing Stata codes for practitioners to evaluate stochastic frontiers and the efficiency and productivity of firms, industries, and countries. It is a complement to Sickles and Zelenyuk's Measurement of Productivity and Efficiency: Theory and Applications (2019)-a coursebook on the econometrics of production analysis that covered the fundamentals and developments in the field. Since then, aspects of the topic involving sustainability, the environment, dynamics, networking, and supply chain management have accelerated in importance. The volume is a self-contained source for furthering one's understanding of how to measure the most fundamental and important constructs in economics: productivity, and its growth over time.
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