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Efficiency and Productivity Analysis: Using Copulas in Stochastic Frontier Models

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This book is an easy-to-understand guide to modeling productivity and efficiency using modern statistical tools. It introduces readers to the fundamentals of stochastic frontier analysis (SFA) and gradually takes them to the forefront of academic research in this area, examining the latest concepts and methods related to the use of copulas in SFA.

Following a comprehensive review of classic methodology, Professor Artem Prokhorov covers topics in panel data modeling, in endogeneity in SFA, in...