Functional Estimation Of Technical Progress

Language: English

Published by LAP LAMBERT Academic Publishing Jan 2014, 2014

3659503991 / 9783659503993

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This item is printed on demand - Print on Demand Titel. Neuware -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.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 116 pp. Englisch.…

Seller Inventory # 9783659503993

Title
Functional Estimation Of Technical Progress
Author
Y. Vijaya Sekhara Reddy
Publisher
LAP LAMBERT Academic Publishing Jan 2014
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659503991
ISBN 13
9783659503993
Item weight
191 grams
Dimensions
220x150x8 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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