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dc.contributor.authorBall, E.en_US
dc.contributor.authorFäre, R.en_US
dc.contributor.authorGrosskopf, S.en_US
dc.contributor.authorZaim, O.en_US
dc.date.accessioned2016-02-08T10:22:33Z
dc.date.available2016-02-08T10:22:33Z
dc.date.issued2005en_US
dc.identifier.issn0954-349X
dc.identifier.urihttp://hdl.handle.net/11693/23996
dc.description.abstractThis paper starts with the basic premise: that conventional measures of productivity growth-often used as a measure of corporate performance-which ignore external or social output, are biased. We then construct an alternative productivity growth measure using activity analysis which integrates the externality/social output into a generalized productivity measure reflecting social responsibility. This method is very general and could be applied to gauge corporate social responsibility. We provide an application to US agriculture to demonstrate the approach: We show that conventional measures of productivity are biased upward when production of negative externalities (or bad) outputs is increasing. Conversely, this same measure of productivity is biased downward when externalities in production are decreasing. © 2004 Elsevier B.V. All rights reserved.en_US
dc.language.isoEnglishen_US
dc.source.titleStructural Change and Economic Dynamicsen_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.strueco.2004.04.008en_US
dc.subjectActivity analysisen_US
dc.subjectExternalitiesen_US
dc.subjectMalmquisten_US
dc.subjectProductivityen_US
dc.subjectUS agricultureen_US
dc.subjectAgricultural productionen_US
dc.subjectCorporate strategyen_US
dc.subjectEnvironmental economicsen_US
dc.subjectEthicsen_US
dc.subjectMeasurement methoden_US
dc.subjectNorth Americaen_US
dc.subjectUnited Statesen_US
dc.subjectWestern Hemisphereen_US
dc.subjectWorlden_US
dc.titleAccounting for externalities in the measurement of productivity growth: the Malmquist cost productivity measureen_US
dc.typeArticleen_US
dc.departmentDepartment of Economicsen_US
dc.citation.spage374en_US
dc.citation.epage394en_US
dc.citation.volumeNumber16en_US
dc.citation.issueNumber3 SPEC. ISS.en_US
dc.identifier.doi10.1016/j.strueco.2004.04.008en_US
dc.publisherElsevier BVen_US
dc.identifier.eissn1873-6017


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