Estimating State-Contingent Technologies

Name: Estimating State-Contingent Technologies
Brand: LAP Lambert Academic Publishing
SKU: 9783846597422
Price: 72.33 EUR
Availability: InStock

Efficiency and Productivity Measurement In the Presence of Risk

Автор: Sriram Shankar

Език:

Корици: С меки корици

Издател: LAP Lambert Academic Publishing

Наличност: Външен склад

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72.33 € 141.46 лв

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

Информация за книгата

Автор

Sriram Shankar

Език

Английски език

Корици

Книга - С меки корици

Издадена

2011

страници

256

EAN

9783846597422

Enbook ID

07089347

Издател

LAP Lambert Academic Publishing

Теглоt

398

Размери

150 x 220 x 15

Пълно описание

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

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също