Production and Efficiency Analysis with R

✍ Scribed by Andreas Behr (auth.)

• Publisher: Springer International Publishing
• Year: 2015
• Tongue: English
• Leaves: 235
• Edition: 1
• Category: Library

✦ Synopsis

This textbook introduces essential topics and techniques in production and efficiency analysis and shows how to apply these methods using the statistical software R. Numerous small simulations lead to a deeper understanding of random processes assumed in the models and of the behavior of estimation techniques. Step-by-step programming provides an understanding of advanced approaches such as stochastic frontier analysis and stochastic data envelopment analysis. The text is intended for master students interested in empirical production and efficiency analysis. Readers are assumed to have a general background in production economics and econometrics, typically taught in introductory microeconomics and econometrics courses.

✦ Table of Contents

Front Matter....Pages i-x
Introduction....Pages 1-32
Linear Production Model....Pages 33-56
Production Functions....Pages 57-82
Production Functions with Panel Data....Pages 83-111
Linear Programming....Pages 113-134
Data Envelopment Analysis....Pages 135-159
Stochastic Data Envelopment Analysis....Pages 161-182
Stochastic Frontier Analysis....Pages 183-201
Panel Data Stochastic Frontier Analysis....Pages 203-222
Back Matter....Pages 223-227

✦ Subjects

Statistics for Business/Economics/Mathematical Finance/Insurance; Operations Management; Industrial and Production Engineering; Operation Research/Decision Theory; Econometrics