Production and Efficiency Analysis with R

Download or read book Production and Efficiency Analysis with R written by Andreas Behr and published by Springer. This book was released on 2016-01-09 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook introduces essential topics and techniques in production and efficiency analysis and shows how to apply these methods using the statistical software R. Numerous small simulations lead to a deeper understanding of random processes assumed in the models and of the behavior of estimation techniques. Step-by-step programming provides an understanding of advanced approaches such as stochastic frontier analysis and stochastic data envelopment analysis. The text is intended for master students interested in empirical production and efficiency analysis. Readers are assumed to have a general background in production economics and econometrics, typically taught in introductory microeconomics and econometrics courses.