Stochastic Frontier Analysis by Subal C. Kumbhakar
Look inside with Google Book Preview
Stochastic Frontier Analysis
By Subal C. Kumbhakar

Stochastic Frontier Analysis

By (author) See other recent books by Subal C. Kumbhakar See other recent books by C. A. Knox Lovell
Format: Paperback

Normal Price: $89.95
Your Price: $80.96 AUD, inc. GST
Shipping: $7.95 per order
You Save: $9.00! (10% off normal price)
Plus...earn $4.05 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply, Not for Xmas



Stochastic Frontier Analysis by Subal C. Kumbhakar

Book Description

Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis.

Buy Stochastic Frontier Analysis book by Subal C. Kumbhakar from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780521666633
ISBN-10: 0521666635
Format: Paperback
(228mm x 152mm x 18mm)
Pages: 344
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Mar-2003
Country of Publication: United Kingdom

Other Editions...


Books By Author Subal C. Kumbhakar

Practitioner's Guide to Stochastic Frontier Analysis Using Stata by Subal C. Kumbhakar Practitioner's Guide to Stochastic Frontier Analysis Using Stata, Hardback (January 2015)

This book provides practitioners with a step-by-step guide on how to conduct efficiency analysis using the stochastic frontier approach.

» View all books by Subal C. Kumbhakar

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Stochastic Frontier Analysis book by Subal C. Kumbhakar and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Subal C. Kumbhakar close
Practitioner's Guide to Stochastic Frontier Analysis Using Stata by Subal C. Kumbhakar
Practitioner's Guide to Stochastic Frontier Analysis Using Stata by Subal C. Kumbhakar
»
Recent books by C. A. Knox Lovell close
Productivity Accounting by C. A. Knox Lovell
Productivity Accounting by C. A. Knox Lovell
Production Frontiers by C. A. Knox Lovell
Measurement of Productive Efficiency and Productivity Growth by C. A. Knox Lovell
Stochastic Frontier Analysis by C. A. Knox Lovell
Production Frontiers by C. A. Knox Lovell
»
BoomerangBooks.com.au close