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Benchmarking for Performance Evaluation: A Production Frontier Approach by Subha

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9788132235293
Type
NA
Publication Name
NA
ISBN
9788132235293
Book Title
Benchmarking for Performance Evaluation : a Production Frontier Approach
Publisher
Springer (India) Private The Limited
Item Length
9.3 in
Publication Year
2016
Format
Trade Paperback
Language
English
Illustrator
Yes
Author
Subal C. Kumbhakar
Genre
Business & Economics
Topic
Total Quality Management, Operations Research, Economics / Microeconomics, Production & Operations Management, Statistics
Item Weight
159.1 Oz
Item Width
6.1 in
Number of Pages
Xiv, 281 Pages

About this product

Product Information

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.

Product Identifiers

Publisher
Springer (India) Private The Limited
ISBN-10
8132235290
ISBN-13
9788132235293
eBay Product ID (ePID)
240531224

Product Key Features

Book Title
Benchmarking for Performance Evaluation : a Production Frontier Approach
Number of Pages
Xiv, 281 Pages
Language
English
Publication Year
2016
Topic
Total Quality Management, Operations Research, Economics / Microeconomics, Production & Operations Management, Statistics
Illustrator
Yes
Genre
Business & Economics
Author
Subal C. Kumbhakar
Format
Trade Paperback

Dimensions

Item Weight
159.1 Oz
Item Length
9.3 in
Item Width
6.1 in

Additional Product Features

Dewey Edition
23
Number of Volumes
1 Vol.
Dewey Decimal
338.06
Lc Classification Number
T57.6-.97
Table of Content
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.
Copyright Date
2015

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