The Econometric Approach to Efficiency Analysis

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ID: 298589
2008
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Abstract
Abstract This chapter provides an overview of techniques for econometric analysis of technical (production) and economic (cost) efficiency. The stochastic frontier model of Aigner, Lovell, and Schmidt (1977) is now the standard econometric platform for this type of analysis. The underlying models and econometric techniques that have been used in studying technical inefficiency in the stochastic frontier framework are surveyed, and some of the recent developments in econometric methodology are presented. Applications that illustrate some of the computations are presented in the final section.
Reference Key
openalex_W201838796 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors William H. Greene
Journal Oxford University Press eBooks
Year 2008
DOI
10.1093/acprof:oso/9780195183528.003.0002
URL
https://doi.org/10.1093/acprof:oso/9780195183528.003.0002
Keywords Keywords not found

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