The Resource Benchmarking for Performance Evaluation : A Production Frontier Approach, edited by Subhash C. Ray, Subal C. Kumbhakar, Pami Dua, (electronic resource)

Benchmarking for Performance Evaluation : A Production Frontier Approach, edited by Subhash C. Ray, Subal C. Kumbhakar, Pami Dua, (electronic resource)

Label
Benchmarking for Performance Evaluation : A Production Frontier Approach
Title
Benchmarking for Performance Evaluation
Title remainder
A Production Frontier Approach
Statement of responsibility
edited by Subhash C. Ray, Subal C. Kumbhakar, Pami Dua
Contributor
Editor
Editor
Subject
Language
  • eng
  • eng
Summary
This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are based on the concept of a production possibility set and its frontier. Depending on the assumed objectives of the decision-making unit, a Production, Cost, or Profit Frontier is constructed from observed data on input and output quantities and prices. While SFA uses different maximum likelihood estimation techniques to estimate a parametric frontier, DEA relies on mathematical programming to create a nonparametric frontier. Yet another alternative is the Convex Nonparametric Frontier, which is based on the assumed convexity of the production possibility set and creates a piecewise linear frontier consisting of a number of tangent hyper planes. Three of the papers in this volume provide a detailed and relatively easy to follow exposition of the underlying theory from neoclassical production economics and offer step-by-step instructions on the appropriate model to apply in different contexts and how to implement them. Of particular appeal are the instructions on (i) how to write the codes for different SFA models on STATA, (ii) how to write a VBA Macro for repetitive solution of the DEA problem for each production unit on Excel Solver, and (iii) how to write the codes for the Nonparametric Convex Frontier estimation. The three other papers in the volume are primarily theoretical and will be of interest to PhD students and researchers hoping to make methodological and conceptual contributions to the field of nonparametric efficiency analysis
Dewey number
650
http://bibfra.me/vocab/relation/httpidlocgovvocabularyrelatorsedt
  • 9Eg_btgcBtw
  • pR0pUHI4TH0
  • A6gF3P1XsnI
Language note
English
LC call number
HD30.23
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Ray, Subhash C.
  • Kumbhakar, Subal C.
  • Dua, Pami.
http://library.link/vocab/subjectName
  • Operations research
  • Microeconomics
  • Statistics
  • Production management
  • Econometrics
  • Operations Research/Decision Theory
  • Microeconomics
  • Statistics for Business, Management, Economics, Finance, Insurance
  • Operations Management
  • Econometrics
Label
Benchmarking for Performance Evaluation : A Production Frontier Approach, edited by Subhash C. Ray, Subal C. Kumbhakar, Pami Dua, (electronic resource)
Instantiates
Publication
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references at the end of each chapters
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
Introduction – Ray, Subhash; Kumbhakar, Subal & Dua, Pami -- Chapter 1. Estimation of Technical Inefficiency in Production Frontier Models Using Cross-Sectional Data by Kumbhakar, Subal C. & Wang, Hung-Jen -- Chapter 2. Data Envelopment Analysis for Performance Evaluation: A Child’s Guide by Ray, Subhash C. & Chen, Lei -- Chapter 3. An Introduction to CNLS and StoNED Methods for Efficiency Analysis: Economic Insights and Computational Aspects by Johnson, Andrew L. and Kuosmanen, Timo -- Chapter 4. Dynamic Efficiency Measurement by Førsund, Finn R -- Chapter 5. Efficiency Measures for Industrial Organization by Ten Raa, Thijs -- Chapter 6. Multiplicative and Additive Distance Functions: Efficiency Measures and Duality by Pastor, Jesus T. & Aparicio, Juan
Dimensions
unknown
Edition
1st ed. 2015.
Extent
1 online resource (292 p.)
Form of item
online
Isbn
9788132222538
Media category
computer
Media type code
c
Other control number
10.1007/978-81-322-2253-8
Specific material designation
remote
System control number
  • (CKB)3710000000379507
  • (EBL)3108764
  • (SSID)ssj0001465379
  • (PQKBManifestationID)11861814
  • (PQKBTitleCode)TC0001465379
  • (PQKBWorkID)11472144
  • (PQKB)11413272
  • (DE-He213)978-81-322-2253-8
  • (MiAaPQ)EBC3108764
  • (EXLCZ)993710000000379507
Label
Benchmarking for Performance Evaluation : A Production Frontier Approach, edited by Subhash C. Ray, Subal C. Kumbhakar, Pami Dua, (electronic resource)
Publication
Note
Description based upon print version of record
Bibliography note
Includes bibliographical references at the end of each chapters
Carrier category
online resource
Carrier category code
cr
Content category
text
Content type code
txt
Contents
Introduction – Ray, Subhash; Kumbhakar, Subal & Dua, Pami -- Chapter 1. Estimation of Technical Inefficiency in Production Frontier Models Using Cross-Sectional Data by Kumbhakar, Subal C. & Wang, Hung-Jen -- Chapter 2. Data Envelopment Analysis for Performance Evaluation: A Child’s Guide by Ray, Subhash C. & Chen, Lei -- Chapter 3. An Introduction to CNLS and StoNED Methods for Efficiency Analysis: Economic Insights and Computational Aspects by Johnson, Andrew L. and Kuosmanen, Timo -- Chapter 4. Dynamic Efficiency Measurement by Førsund, Finn R -- Chapter 5. Efficiency Measures for Industrial Organization by Ten Raa, Thijs -- Chapter 6. Multiplicative and Additive Distance Functions: Efficiency Measures and Duality by Pastor, Jesus T. & Aparicio, Juan
Dimensions
unknown
Edition
1st ed. 2015.
Extent
1 online resource (292 p.)
Form of item
online
Isbn
9788132222538
Media category
computer
Media type code
c
Other control number
10.1007/978-81-322-2253-8
Specific material designation
remote
System control number
  • (CKB)3710000000379507
  • (EBL)3108764
  • (SSID)ssj0001465379
  • (PQKBManifestationID)11861814
  • (PQKBTitleCode)TC0001465379
  • (PQKBWorkID)11472144
  • (PQKB)11413272
  • (DE-He213)978-81-322-2253-8
  • (MiAaPQ)EBC3108764
  • (EXLCZ)993710000000379507

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