An introduction to efficiency and productivity analysis

Ключевые слова

Тематические рубрики

• Экономика - Методы экономических исследований
• Production (Economic theory)
• Production functions (Economic theory)
• Industrial productivity

Аннотация

This is the only book that provides a comprehensive and unified introduction to the main techniques used in this field: index number methods, data envelopment analysis (DEA) and econometric techniques, including stochastic frontier analysis (SFA) For each technique the basic methods are carefully described with the aid of numerous diagrams, simple empirical examples and computer output listings. The more advanced aspects of each technique are then discussed after the basic ideas are covered The DEA section has been updated to cover weights restrictions; super efficiency; bootstrapping; short run cost minimization; and profit maximization The productivity growth section has been updated to cover the issues of shadow prices and scale effects In addition, the parametric methods section has been updated to cover scope economies; confidence intervals; testing and imposing regularity conditions; and Bayesian methods