This book provides a coherent description of the main concepts and statistical methods used to
analyse economic performance. The focus is on measures of performance that are of practical
relevance to policy makers. Most if not all of these measures can be viewed as measures of
productivity and or efficiency. Linking fields as diverse as index number theory data
envelopment analysis and stochastic frontier analysis the book explains how to compute
measures of input and output quantity change that are consistent with measurement theory. It
then discusses ways in which meaningful measures of productivity change can be decomposed into
measures of technical progress environmental change and different types of efficiency change.
The book is aimed at graduate students researchers statisticians accountants and economists
working in universities regulatory authorities government departments and private firms. The
book contains many numerical examples. Computer codes and datasets are available on a companion
website.
