Productivity growth entails changes in scale, efficiency gains and technological change. Innovations are needed to keep pushing the competitive envelope, and efficiency gains are needed to ensure that implemented technologies achieve their potential. Conventional economic approaches assume that all firms operate rationally and efficiently. This summer school, however, challenges this assumption and presents concepts, models and tools needed to analyze and quantify the levels of inefficiency and productivity at a point in time and their movement over time.
Research School for Socio-Economic and Natural Sciences of the Environment