Könyv Estimating Output-Specific Efficiencies D. Gstach

Estimating Output-Specific Efficiencies

Szerző: D. Gstach
Nyelv: Angol
Kötés: Kemény kötésű
Elérhetőség: Beszállítói készleten alacsony példányszámban
Küldés 13-18 napon belül
40 448 Ft
This book presents a novel technique for comparative analysis of multi-output firms. In particular i...

Információk a könyvről

Szerző
Nyelv
Angol
Kötés
Könyv - Kemény kötésű
Kiadva
2002
oldal
204
EAN
9781402004834
ISBN
1402004834
Enbook ID
01414722
Súly
1100
Méretek
155 x 235 x 18

Teljes leírás

This book presents a novel technique for comparative analysis of multi-output firms. In particular it provides a statistical foundation for output-specific efficiency estimation. This is necessary to find out whether firms of an economic sector systematically produce some good A more efficiently than some good B and to quantify eventual differences. In the presence of such differences the application of existing estimation techniques is either inappropriate or does not lead to statistically meaningful results. In this sense the book fills a remaining gap in the relevant literature. The key idea behind the approach is to use posterior distributions of target output-ratios of firms to determine reference points for performance comparison purposes. Monte Carlo simulations and an application to a real world data set indicate expectable small sample performance and the practical usefulness of the presented approach. §Audience: Economists, MS/ OR researchers, and their libraries.

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