Super cena

Distance Function Approach to Measure Efficiency - Munaiah V.

Name: Distance Function Approach to Measure Efficiency - Munaiah V.
Brand: OmniScriptum GmbH & Co. KG
Availability: OutOfStock

+ Dodaj do porównania Dodaj do listy zakupowej

Rozmiar

uniwersalny

418,95 zł

/ szt.

Najniższa cena z 30 dni przed obniżką: ~~441,17 zł~~ / szt.-5%

Cena regularna: ~~422,31 zł~~ / szt.-1%

Możesz kupić także poprzez:

Produkt niedostępny

Darmowa i szybka dostawa od 89,00 zł

14 dni na łatwy zwrot

Bezpieczne zakupy

In order to measure the technical efficiency of any observed input-output bundle one needs to know the maximum quantity of output that can be produced from the relevant input bundle. One possibility is to explicitly specify a production function. The value of this function at the input level under consideration denotes the maximum producible output quantity. It is common to estimate the parameters of the specified function empirically from a sample of input-output data. Because the least squares procedure permits observed points to lie above the fitted line, in a stochastic frontier model one includes a composite error. The composite error is a sum of a one-sided disturbance term representing shortfalls of the actually produced output from the frontier due to inefficiency and two sided disturbance term representing upward or downward shifts in the frontier itself due to the random factors. The econometric procedure requires relation of a particular functional form.The distance function representation of a production technology, proposed by Shephard (1953, 1970), provides a multi output primal alternative, which requires no aggregation, no prices and no behavioural assumption.

EAN: 9783659351853

Producent

OmniScriptum GmbH & Co. KG

Kod produktu

500EUN03527KS

Autorzy

Munaiah V.

Rok wydania

2013

Elementy

164

Oprawa

Oprawa Skórzana