Author: K. P. KalirajanPublisher:
ISBN:
Category : Agricultural productivity
Languages : en
Pages : 28
Book Description
A Generalized Measure of Technical Efficiency
Author: K. P. KalirajanPublisher:
ISBN:
Category : Agricultural productivity
Languages : en
Pages : 28
Book Description
Topics in Production Theory
Author: Finn R. FørsundPublisher: Palgrave Macmillan
ISBN: 9780312809140
Category : Business & Economics
Languages : en
Pages : 210
Book Description
The Measurement of Efficiency of Production
Author: Rolf FärePublisher: Springer Science & Business Media
ISBN: 9401577218
Category : Business & Economics
Languages : en
Pages : 220
Book Description
The Measurement of Efficiency of Production
Author: Rolf FärePublisher: Springer Science & Business Media
ISBN: 9780898381559
Category : Business & Economics
Languages : en
Pages : 230
Book Description
An Introduction to Efficiency and Productivity Analysis
Author: Timothy J. CoelliPublisher: Springer Science & Business Media
ISBN: 9780387242651
Category : Business & Economics
Languages : en
Pages : 376
Book Description
Softcover version of the second edition Hardcover. Incorporates a new author, Dr. Chris O'Donnell, who brings considerable expertise to the project in the area of performance measurement. Numerous topics are being added and more applications using real data, as well as exercises at the end of the chapters. Data sets, computer codes and software will be available for download from the web to accompany the volume.
Frontier Production Functions, Technical Efficiency and Panel Data
Author: George Edward BattesePublisher:
ISBN: 9780858349704
Category : Agricultural productivity
Languages : en
Pages : 31
Book Description
Benchmarking Economic Efficiency
Author: Jesús T. PastorPublisher: Springer Nature
ISBN: 3030843971
Category : Business & Economics
Languages : en
Pages : 662
Book Description
This book unifies and extends the definition and measurement of economic efficiency and its use as a real-life benchmarking technique for actual organizations. Analytically, the book relies on the economic theory of duality as guiding framework. Empirically, it shows how the alternative models can be implemented by way of Data Envelopment Analysis. An accompanying software programmed in the open-source Julia language is used to solve the models. The package is a self-contained set of functions that can be used for individual learning and instruction. The source code, associated documentation, and replication notebooks are available online. The book discusses the concept of economic efficiency at the firm level, comparing observed to optimal economic performance, and its decomposition according to technical and allocative criteria. Depending on the underlying technical efficiency measure, economic efficiency can be decomposed multiplicatively or additively. Part I of the book deals with the classic multiplicative approach that decomposes cost and revenue efficiency based on radial distance functions. Subsequently, the book examines how these partial approaches can be expanded to the notion of profitability efficiency, considering both the input and output dimensions of the firm, and relying on the generalized distance function for the measurement of technical efficiency. Part II is devoted to the recent additive framework related to the decomposition of economic inefficiency defined in terms of cost, revenue, and profit. The book presents economic models for the Russell and enhanced graph Russell measures, the weighted additive distance function, the directional distance function, the modified directional distance function, and the Hölder distance function. Each model is presented in a separate chapter. New approaches that qualify and generalize previous results are also introduced in the last chapters, including the reverse directional distance function and the general direct approach. The book concludes by highlighting the importance of benchmarking economic efficiency for all business stakeholders and recalling the main conclusions obtained from many years of research on this topic. The book offers different alternatives to measure economic efficiency based on a set of desirable properties and advises on the choice of specific economic efficiency models.
Stochastic Frontier Analysis
Author: Subal C. KumbhakarPublisher: Cambridge University Press
ISBN: 1107717302
Category : Business & Economics
Languages : en
Pages : 348
Book Description
Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis.
Efficiency Measures in the Agricultural Sector
Author: Armando MendesPublisher: Springer Science & Business Media
ISBN: 9400757395
Category : Science
Languages : en
Pages : 207
Book Description
The editors draw on a 3-year project that analyzed a Portuguese area in detail, comparing this study with papers from other regions. Applications include the estimation of technical efficiency in agricultural grazing systems (dairy, beef and mixed) and specifically for dairy farms. The conclusions indicate that it is now necessary to help small dairy farms in order to make them more efficient. These results can be compared with the technical efficiency of a sample of Spanish dairy processing firms presented by Magdalena Kapelko and co-authors.
Measurement of Productivity and Efficiency
Author: Robin C. SicklesPublisher: Cambridge University Press
ISBN: 110703616X
Category : Business & Economics
Languages : en
Pages : 631
Book Description
Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.