Managerial Issues in Productivity Analysis

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.