Free shipping on all orders over $79* Limited Time Only
Track My Order
Help Centre
Likes
My Wish ListsLogin / Join
Booktopia
Australia's local bookstore
Get Free Shipping on orders over $79
Efficiency and Productivity Analysis : Using Copulas in Stochastic Frontier Models - Artem Prokhorov

Efficiency and Productivity Analysis

Using Copulas in Stochastic Frontier Models

By: Artem Prokhorov

eText | 28 February 2024 | Edition Number 1

At a Glance

eText

$77.00

or 4 interest-free payments of $19.25 with

 or 

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

This book is an easy-to-understand guide to modeling productivity and efficiency using modern statistical tools. It introduces readers to the fundamentals of stochastic frontier analysis (SFA) and gradually takes them to the forefront of academic research in this area, examining the latest concepts and methods related to the use of copulas in SFA.

Following a comprehensive review of classic methodology, Professor Artem Prokhorov covers topics in panel data modeling, in endogeneity in SFA, in joint modeling of technical and allocative inefficiency, and in optimal and robust prediction of inefficiency scores. This is done using copulas to capture various kinds of statistical dependence that have been previously ignored when modeling production. The classic and advanced topics are illustrated using practical examples and codes written in modern programming languages. As an important example, the book spells out the case where both the values of output and the ratio of inputs used in production are optimized simultaneously. Such simultaneity, if ignored, leads to biased estimates of productivity and returns-to-scale and may understate inefficiency.

The book offers a useful reference for those interested in the newest robust methods of business analytics in the area of productivity and efficiency, with implications for strategy, budgeting, resourcing and benchmarking of firms, industries and production units more generally.

on
Desktop
Tablet
Mobile

You Can Find This eBook In

Non-FictionEconomicsEconometricsEconomic StatisticsMathematicsApplied MathematicsStochasticsEconomic ForecastingEconomics of Industrial OrganisationProbability & Statistics

Other Editions and Formats

Hardcover

Published: 28th February 2024

View Product

More in Economic Statistics

The Comeback Kings - Michael Smith

eBOOK

The Comeback Kings

eBook

$9.99

Risk to Riches - Eugene Daniels

eBOOK

Risk to Riches

eBook

$23.99

The Silent Signal - MILES TRIDENT

eBOOK

The Silent Signal

eBook

$23.99

This product is categorised by