Research Catalog

Title

Stochastic frontier analysis / Subal C. Kumbhakar, C.A. Knox Lovell.

Author

Kumbhakar, Subal.

Publication

New York : Cambridge University Press, 2000.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Lovell, C. A. Knox.

Description

x, 333 pages : illustrations; 24 cm

Summary

"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.

Subjects

• Stochastic analysis
• Econometrics
• Production (Economic theory)

Bibliography (note)

• Includes bibliographical references and index.

Contents

• 1. Introduction -- 2. Analytical Foundations. 2.2. Production Technology. 2.3. Technical Efficiency. 2.4. Economic Efficiency -- 3. The Estimation of Technical Efficiency. 3.2. Cross-Sectional Production Frontier Models. 3.3. Panel Data Production Frontier Models. 3.4. Stochastic Production Frontier Models with Heteroskedasticity -- 4. The Estimation and Decomposition of Cost Efficiency. 4.2. Cross-Sectional Coast Frontier Models. 4.3. Panel Data Cost Frontier Models. 4.4. Two Additional Approaches to the Estimation of Cost Efficiency -- 5. The Estimation and Decomposition of Profit Efficiency. 5.2. Single-Output Models. 5.3. Multiple-Output Models. 5.4. Alternative Profit Frontiers -- 6. The Shadow Price Approach to the Estimation and Decomposition of Economic Efficiency. 6.2. Cross-Section Models. 6.3. Panel Data Models -- 7. Incorporating Exogenous Influences on Efficiency. 7.2. Early Approaches to the Incorporation of Exogenous Influences.
• 7.3. Recent Approaches to the Incorporation of Exogenous Influences -- 8. The Estimation of Efficiency Change and Productivity Change. 8.2. The Primal (Production Frontier) Approach. 8.3. A Dual (Cost Frontier) Approach. 8.4. A Dual (Profit Frontier) Approach.

ISBN

0521481848

LCCN

99031297

OCLC

• 224746192
• ocn224746192

Owning Institutions

Columbia University Libraries