By Armando Mendes, Emiliana L. D. G. Soares da Silva, Jorge M Azevedo Santos
The editors draw on a 3-year undertaking that analyzed a Portuguese zone intimately, evaluating this research with papers from different areas. purposes contain the estimation of technical potency in agricultural grazing platforms (dairy, pork and combined) and particularly for dairy farms. The conclusions point out that it really is now essential to support small dairy farms to be able to cause them to extra effective. those effects should be in comparison with the technical potency of a pattern of Spanish dairy processing organizations provided by means of Magdalena Kapelko and co-authors.
Read or Download Efficiency Measures in the Agricultural Sector: With Applications PDF
Best econometrics books
While utilizing the statistical idea of lengthy variety based (LRD) procedures to economics, the powerful complexity of macroeconomic and fiscal variables, in comparison to ordinary LRD methods, turns into obvious. that allows you to get a greater realizing of the behaviour of a few monetary variables, the publication assembles 3 assorted strands of lengthy reminiscence research: statistical literature at the homes of, and exams for, LRD tactics; mathematical literature at the stochastic tactics concerned; types from monetary conception supplying believable micro foundations for the occurence of lengthy reminiscence in economics.
The Theory and Practice of Econometrics, Second Edition (Wiley Series in Probability and Statistics)
This commonly established graduate-level textbook covers the most important types and statistical instruments at present utilized in the perform of econometrics. It examines the classical, the choice thought, and the Bayesian techniques, and includes fabric on unmarried equation and simultaneous equation econometric versions. comprises an intensive reference record for every subject.
The Reciprocal Modular Brain in Economics and Politics: Shaping the Rational and Moral Basis of Organization, Exchange, and Choice
The current paintings is an extension of my doctoral thesis performed at Stanford within the early Nineteen Seventies. in a single transparent experience it responds to the decision for consilience through Edward O. Wilson. I believe Wilson that there's a urgent desire within the sciences this present day for the unification of the social with the typical sciences.
Analogies and Theories: Formal Models of Reasoning
The booklet describes formal types of reasoning which are geared toward taking pictures the best way that financial brokers, and selection makers regularly take into consideration their atmosphere and make predictions according to their earlier event. the focal point is on analogies (case-based reasoning) and common theories (rule-based reasoning), and at the interplay among them, in addition to among them and Bayesian reasoning.
- Econometric Analysis of Cross Section and Panel Data (2nd Edition)
- Interest Rate Risk Management
- Readings in Unobserved Components Models
- A Guide to Econometrics (6th Edition)
Additional resources for Efficiency Measures in the Agricultural Sector: With Applications
2 Econometric Approach to Efficiency The econometric approach to efficiency results from the estimation of frontier models which deal with parametric representations of technology along with a onesided error term or a two-part error term (composed error), depending on how the functional form has been specified as being a deterministic or a stochastic frontier (Kalirajan and Shand 1999; Murillo-Zamoran and Vega-Cervera 2001). As the parametric approach to efficiency states an econometric specification, models may also be classified according to the function form, production, cost or profit, or functional form, which describes the relationship between inputs and outputs.
1990) developed and estimated a frontier model in whose specification they introduced the component of technical inefficiency varying over time. The functional form is based on a Cobb–Douglas technology of production where the independent term and some regression coefficients vary with the individuals and with time. This model generalizes the one by Schmidt and Sickles (1984), considering in the production function, a function of variable coefficients which is quadratic in t and contemplates the individual and time variation of technical efficiency which is identical for all productive units.
1995), Tsionas (2001, 2002) and Huang (2004). Nowadays, stochastic frontier approach to organizations efficiency measurement may play an important role in the field of economical sustainable development of societies, as it allows managements to reach high levels of performance restricting resources, minimizing undesired outputs or optimizing desired outputs. More research is needed in order to enlarge the knowledge in this issue. 2 Review of Frontier Models and Efficiency Analysis: A Parametric Approach 33 References Afriat SN (1972) Efficiency estimation of a production function.