Applied Production Analysis

This book contains a modern treatment of production economics from a dual perspective, with a special emphasis on recent developments in the field. The book prepares the reader to apply the tools and concepts of the dual approach production economics to real world problems and data sets. Among other topics covered are flexible function forms, aggregation across inputs and outputs using the theory of separable structures, aggregation over economic optimizing firms, the representation of multioutput technologies, and the analysis and measurement of technical change from both a primal and dual perspective.

This book contains a modern treatment of production economics from a dual perspective, with special emphasis on recent developments. Results that were scattered throughout professional journals and monographs are now gathered into an integrated approach using a common notation. The book prepares the reader to apply the tools of the dual approach to real world problems and data sets. Particular care has been devoted to choosing topics for discussion that achieve this goal. Throughout the book there are worked examples and exercises, which are geared toward developing the reader's facility in using modern developments in production economics. Separate chapters are devoted to production, cost, and profit functions. Other topics include flexible functional forms, aggregation across inputs and outputs using the theory of separable structures, aggregation over economic optimizing firms, the representation of multioutput technologies, and the analysis and measurement of technical change from both a primal and a dual perspective.

increases in outputs which could be obtained if the inefficient hospitals chose to use the efficient production plans.

Lucrarea propune un model de previziune a comportării arborelui principal din punct de vedere al deformaţiilor termice şi a nivelului vibraţiilor prin evidenţierea şi prelucrarea ecuaţiilor caracteristice.

Applied Systems Analysis: Science and Art of Solving Real-Life Problems Subject Guide: Engineering – Industrial and Manufacturing Any activity is aimed at solving certain problems, which means transferring a system from an existing unsatisfactory problematic state to a desired state. The success or failure of the system depends on how its natural properties were implemented during the planning of improvement and intervention state. This book covers the theory and experience of successfully solving problems in a practical and general way. This book includes a general survey of modern systems analysis; offers several original results; presents the latest methodological and technological results of the theory of systems; introduces achievements; and discusses the transition from the ideology of the machine age to the ideology of the systems age. This book will be of interest to both professionals and academicians.

Risk and uncertainty are inescapable factors in agriculture which require careful management. Farmers face production risks from the weather, crop and livestock performance, and pests and diseases, as well as institutional, personal and business risks. This revised third edition of the popular textbook includes updated chapters on theory and methods and contains a new chapter discussing the state-contingent approach to the analysis of production and the use of copulas to better model stochastic dependency. Aiming to introduce agricultural decision making, probability and risk preference, this book is an indispensable guide for students and researchers of agriculture and agribusiness management.

The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.

As natural resources have become scarcer, issues of environmental policy have become more vital and subject to debate in global as well as local arenas. Through the use of case studies especially developed for this book, the authors analyze the wide range of institutional contexts in which natural resource and environmental policy issues arise and the processes by which they are resolved. The first chapter provides a theoretical framework of key resource and environmental economics concepts-an overview that gradually broadens as the student is exposed to alternative methods of analysis, including market-oriented analysis, institutional analysis, and modeling. The case studies all begin with discussions of the pertinent biological, physical, social, and institutional issues before economic analysis is applied and policy conclusions are drawn. Suggested readings and study questions follow each chapter. This book is designed for use in upper-level college courses in natural resource and environmental economics and graduate courses in resource management. It can be used either as a primary text in conjunction with theoretical readings or as a supplemental source of case study readings. The cases will also be valuable for natural resource, environmental, and community development economists.

Professionals are constantly searching for competitive solutions to help determine current and future economic tendencies. Econometrics uses statistical methods and real-world data to predict and establish specific trends within business and finance. This analytical method sustains limitless potential, but the necessary research for professionals to understand and implement this approach is lacking. Applied Econometric Analysis: Emerging Research and Opportunities explores the theoretical and practical aspects of detailed econometric theories and applications within economics, political science, public policy, business, and finance. Featuring coverage on a broad range of topics such as cointegration, machine learning, and time series analysis, this book is ideally designed for economists, policymakers, financial analysts, marketers, researchers, academicians, and graduate students seeking research on the various techniques of econometric concepts.

This book is an introduction to regression analysis, focusing on the practicalities of doing regression analysis on real-life data. Contrary to other textbooks on regression, this book is based on the idea that you do not necessarily need to know much about statistics and mathematics to get a firm grip on regression and perform it to perfection. This non-technical point of departure is complemented by practical examples of real-life data analysis using statistics software such as Stata, R and SPSS. Parts 1 and 2 of the book cover the basics, such as simple linear regression, multiple linear regression, how to interpret the output from statistics programs, significance testing and the key regression assumptions. Part 3 deals with how to practically handle violations of the classical linear regression assumptions, regression modeling for categorical y-variables and instrumental variable (IV) regression. Part 4 puts the various purposes of, or motivations for, regression into the wider context of writing a scholarly report and points to some extensions to related statistical techniques. This book is written primarily for those who need to do regression analysis in practice, and not only to understand how this method works in theory. The book’s accessible approach is recommended for students from across the social sciences.

An international trade text that integrates theoretical and applied methods

This textbook integrates three related fields in economics, namely agricultural/forestry economics, environmental economics, and international trade, by foregrounding cost-benefit analysis as a significant policy tool. Exploring how welfare measures can be used in the analysis of agricultural, trade, and other economic policies, Applied Welfare Economics, Trade, and Agricultural Policy Analysis fills a gap in the literature on agricultural policy analysis by explaining the economic efficiency improvements and income transfers of various agricultural policy reforms in the United States, Canada, and the European Union. G. Cornelis van Kooten addresses methods of identifying and measuring economic surpluses (costs and benefits), the precautionary principle, identification of an appropriate discount rate, the importance of nonmarket values, and the role of agriculture in trade negotiations and climate change. Applied Welfare Economics, Trade, and Agricultural Policy Analysis draws on new research, brings attention to the existing literature, and includes review questions at the end of each chapter. The techniques developed in this text can be applied to the development and reform of agricultural policies in various regions.