Stochastic Frontier Analysis
Publisher: Cambridge University Press
Published: March 13, 2000
Language: eng
Format: Hardcover
Number of pages: 344
ISBN-13: 9780521481847
Subjects: Economic statistics; Mathematical modelling; Economics - General; Economic Theory; Business & Economics; Business / Economics / Finance; Stochastic analysis; Business/Economics; Production (Economic theory); Economics - Theory; Econometrics; Industries - General; Business & Economics / Econometrics
Description: "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. Because these frontiers envelop rather than intersect the data, and because 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."--BOOK JACKET.