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Książka Estimating Output-Specific Efficiencies D. Gstach

Estimating Output-Specific Efficiencies

Autor: D. Gstach
Język: Angielski
Oprawa: Miękka
Wydawca: Springer-Verlag New York Inc.
Dostępność: Dostępna u dostawcy w małych ilościach
Wysyłamy za 11-15 dni
472.64 zł
This book presents a novel technique for comparative analysis of multi-output firms. In particular i...

Informacje o książce

Autor
D. Gstach
Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2013
strony
204
EAN
9781461348832
ISBN
1461348838
Enbook ID
02643516
Wydawca
Springer-Verlag New York Inc.
Waga
355
Wymiary
155 x 235 x 13

Pełny opis

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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