Special Issue on Efficiency Analysis in Finance and Macroeconomics: Editors' Introduction.

Part of a special issue on efficiency analysis in finance and macroeconomics. In an introduction to the special issue, the writers briefly describe the technique of efficiency analysis. Drawing on best observed practice, efficiency analysis first constructs an operating frontier and then considers...

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Publicado en:Manchester School (14636786) Vol. 74; no. 4; pp. 415 - 417
Autores principales: Arestis, Philip, Chortareas, Georgios
Formato: Artículo
Publicado: Wiley-Blackwell 2006
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Special Issue on Efficiency Analysis in Finance and Macroeconomics: Editors' Introduction.
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          Arestis, Philip
          Chortareas, Georgios
      su:
        Finance
        Macroeconomics
        Mathematical models
        Industrial efficiency
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        subj:
          Finance
          Macroeconomics
          Mathematical models
          Industrial efficiency
      ab: Part of a special issue on efficiency analysis in finance and macroeconomics. In an introduction to the special issue, the writers briefly describe the technique of efficiency analysis. Drawing on best observed practice, efficiency analysis first constructs an operating frontier and then considers whether the economic units under review operate on the observed frontier (efficient) or below it (inefficient). One of the principal features of efficiency analysis is that, unlike typical econometric approaches, it does not always need assumptions about the functional form of the frontier and the statistical distribution of the error term.
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    language: English
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