Estimating State-Contingent Technologies

Name: Estimating State-Contingent Technologies
Brand: LAP Lambert Academic Publishing
SKU: 9783846597422
Price: 68.37 EUR
Availability: InStock

Efficiency and Productivity Measurement In the Presence of Risk

Autor: Sriram Shankar

Jazyk:

Väzba: Brožovaná

Vydavateľ: LAP Lambert Academic Publishing

Dostupnosť: Skladom u dodávateľa

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Empirical application of state-contingent approach has proved difficult, not because this approach i...

Informácie o knihe

Autor

Sriram Shankar

Jazyk

Angličtina

Väzba

Kniha - Brožovaná

Vydalo

2011

Stránok

256

EAN

9783846597422

Enbook ID

07089347

Vydavateľ

LAP Lambert Academic Publishing

Hmotnosť

398

Rozmery

150 x 220 x 15

Kompletný popis

Empirical application of state-contingent approach has proved difficult, not because this approach is intractable, but because in the state-contingent framework it is difficult to estimate the production technology in the face of endogenous producers responding to uncertainty. One of the important reasons for this difficulty is that most of data required for applying standard methods of estimation are lost in the potentially unrealized states of the world. We develop an econometric methodology in order to estimate state-contingent technologies. Furthermore, we demonstrate how our state-contingent model can be used to decompose output shortfalls into inefficiency and risk components. Finally, we apply our econometric estimation technique to Philippine rice data.

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Estimating State-Contingent Technologies

Efficiency and Productivity Measurement In the Presence of Risk

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Kompletný popis

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Zákazníci, ktorí si kúpili túto knihu, kúpili tiež