An Introduction to Efficiency and Productivity Analysis

The second edition of this book has been written for the same audience as the first edition. It is designed to be a "first port of call" for people wishing to study efficiency and productivity analysis. The book provides an accessible introduction to the four principal methods involved: econometric estimation of average response models; index numbers; data envelopment analysis (DEA); and shastic firontier analysis (SFA). For each method, we provide a detailed introduction to the basic conce...