Download PDF by Subhash C. Ray,Subal C. Kumbhakar,Pami Dua: Benchmarking for Performance Evaluation: A Production

By Subhash C. Ray,Subal C. Kumbhakar,Pami Dua

ISBN-10: 8132222520

ISBN-13: 9788132222521

ISBN-10: 8132235290

ISBN-13: 9788132235293

This ebook offers an in depth advent to the theoretical and methodological foundations of creation potency research utilizing benchmarking. of the extra well known equipment of potency evaluate are Stochastic Frontier research (SFA) and information Envelopment research (DEA), either one of that are in line with the concept that of a creation danger set and its frontier. counting on the assumed targets of the decision-making unit, a construction, expense, or revenue Frontier is created from saw info on enter and output amounts and costs. whereas SFA makes use of varied greatest chance estimation ideas to estimate a parametric frontier, DEA depends upon mathematical programming to create a nonparametric frontier. yet one more replacement is the Convex Nonparametric Frontier, that's in response to the assumed convexity of the construction risk set and creates a piecewise linear frontier which include a couple of tangent hyper planes.

Three of the papers during this quantity supply a close and comparatively effortless to keep on with exposition of the underlying conception from neoclassical creation economics and provide step by step directions at the applicable version to use in numerous contexts and the way to enforce them. Of specific allure are the directions on (i) tips to write the codes for various SFA versions on STATA, (ii) how one can write a VBA Macro for repetitive answer of the DEA challenge for every construction unit on Excel Solver, and (iii) find out how to write the codes for the Nonparametric Convex Frontier estimation. the 3 different papers within the quantity are essentially theoretical and may be of curiosity to PhD scholars and researchers hoping to make methodological and conceptual contributions to the sector of nonparametric potency analysis.

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Benchmarking for Performance Evaluation: A Production Frontier Approach by Subhash C. Ray,Subal C. Kumbhakar,Pami Dua


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