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Production Frontiers

Rolf Färe author Shawna Grosskopf author C A Knox Lovell author

Format:Hardback

Publisher:Cambridge University Press

Published:11th Nov '93

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Production Frontiers cover

This book defines and develops measures of various types of inefficiency in production

This book develops models of efficient producer behaviour, and introduces ways of measuring various types of inefficient behaviour. Using mathematical programming techniques, the authors present a unique study in applied production analysis.This book presents a mathematical programming approach to the analysis of production frontiers and efficiency measurement. The authors construct a variety of production frontiers, and by measuring distances to them are able to develop a model of efficient producer behaviour and a taxonomy of possible types of departure from efficiency in various environments. Linear programming is used as an analytical and computational technique in order to accomplish this. The approach developed is then applied to modelling producer behaviour. By focusing on the empirical relevance of production frontiers and distances to them, and applying linear programming techniques to artificial data to illustrate the type of information they can generate, this book provides a unique study in applied production analysis. It will be of interest to scholars and students of economics and operations research, and analysts in business and government.

"The book as a whole is cleanly executed and well written....I highly recommend the book as the basic reference on the mathematical-programming approach to the analysis of production frontiers." Journal of Economic Literature

ISBN: 9780521420334

Dimensions: 242mm x 163mm x 28mm

Weight: 690g

316 pages