Editorial Reviews
Review
'Stochastic Frontier Analysis is an excellent, up-to-date and complete summary of both the theory and techniques used in frontier production, cost and profit analysis. The authors are two of the leading researchers in the field. Students and practitioners in this area will find this book to be the only reference source they need.' William H. Greene, Stern School of Business, New York University
'Every so often a book is written that pulls together a large subject matter in an accessible way, covering both theoretical and applied developments. This is such a book. The contribution of this volume is that this large but complex literature is presented in a manner accessible to the general applied economist. It is must reading for anyone who measures firm production, cost functions, or profit functions. Those measuring productivity change will gain new enlightenment on how to better approach this important measurement problem. Furthermore, the book could be used as a text or supplementary text in an advanced course in production, productivity change, or econometrics. It is well worth the investment and will make a valuable and useful addition to one's library.' James L. Searle, Jr., Journal of Economic Literature
'This book is well written, comprehensive in its breadth and depth of coverage, and authoritative in its scholarship. It is certainly going to be the standard reference on stochastic frontier models for the foreseeable future.' Peter Schmidt, The Economic Journal
Book Description
This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis. Hb ISBN (2000): 0-521-48184-8
Stochastic Frontier Analysis
Stochastic Frontier Analysis,Subal C. Kumbhakar,C. A. Knox Lovell,Cambridge University Press,0521666635,Business & Economics,Business / Economics / Finance,Business/Economics,Econometrics,Economics - General,Industries - General,Business & Economics / Econometrics,Economic statistics,Mathematical modelling,Production (Economic theory)
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