The Econometric Approach to Efficiency Analysis

© Oxford University Press, 2013.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. T...

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Main Author: Greene, William
Format: Book Chapter
Published: 2008
Online Access:http://hdl.handle.net/20.500.11937/33241
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author Greene, William
author_facet Greene, William
author_sort Greene, William
building Curtin Institutional Repository
collection Online Access
description © Oxford University Press, 2013.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.
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spelling curtin-20.500.11937-332412018-03-29T09:08:49Z The Econometric Approach to Efficiency Analysis Greene, William © Oxford University Press, 2013.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. 2008 Book Chapter http://hdl.handle.net/20.500.11937/33241 10.1093/acprof:oso/9780195183528.003.0002 restricted
spellingShingle Greene, William
The Econometric Approach to Efficiency Analysis
title The Econometric Approach to Efficiency Analysis
title_full The Econometric Approach to Efficiency Analysis
title_fullStr The Econometric Approach to Efficiency Analysis
title_full_unstemmed The Econometric Approach to Efficiency Analysis
title_short The Econometric Approach to Efficiency Analysis
title_sort econometric approach to efficiency analysis
url http://hdl.handle.net/20.500.11937/33241