Functional Estimation Of Technical Progress : An Operations Research Approach

Language: English

Published by LAP LAMBERT Academic Publishing, 2014

3659503991 / 9783659503993

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nach der Bestellung gedruckt Neuware - Printed after ordering - Technical change and its measurement is a fascinating subject. The various procedures to measure technical change fall into two categories (i).The parametric approach and (ii). The non-parametric approach. In theformer case, a parametric production function is postulated a priori, using it as basic tool, technical change is estimated. The present book aims at presenting a method to measure technicalprogress relaxing the assumptions of full profit efficiency and constant returns to scale. The method is essentially non-parametric, in which wesolve a number of linear programming problems, first to measure frontier technical change and hence, to estimate average technical change.The rate of shift of frontier production function is attributed to technical progress or innovation and rate of change in profit efficiency is assumed to be due to the CATCHING UP effort of the producer to reach the frontier.

Seller Inventory # 9783659503993

Title
Functional Estimation Of Technical Progress : An Operations Research Approach
Author
Y. Vijaya Sekhara Reddy
Publisher
LAP LAMBERT Academic Publishing
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659503991
ISBN 13
9783659503993
Item weight
191 grams
Dimensions
220x150x7 mm

AHA-BUCH GmbH

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