Performance Measurement Using Stochastic Frontier Analysis (SFA)
The course is run as short interactive lectures with small group working and hands-on use of the SFA software.
Attend this training course to:
learn about methods of efficiency and productivity measurement;
understand the principles of performance measurement;
get hands-on experience of the SFA software from its developers;
see how to improve the efficiency and productivity of decision-making;
gain an understanding of how to apply SFA in your organisation.
The course will be led by Professor Subal Kumbhakar, Associate, Alan Horncastle, Partner, and Dr Srini Parthasarathy, Senior Consultant.
Suitable for those interested in assessing performance of organisational units, such as bank branches, hospitals, retail companies, energy companies, water companies, hotels, schools, and government departments.
For further details take a look at our course brochure.
The course is based around chapters from the book A Practitioner’s Guide to Stochastic Frontier Analysis using Stata by Subal Kumbhakar, Hung-Jen Wang and Alan Horncastle. The hands-on sections of the course are based on the empirical examples in the book, and use the Stata codes written by the authors for estimating stochastic frontier models using both cross-sectional and panel data. The book, published in January 2015, covers a number of areas, including: the estimation of technical inefficiency in production, cost and profit frontier models; cost and profit frontier models using system models; the estimation of technical and allocative inefficiency in cost and profit frontier models; single equation panel models, and productivity and profitability decomposition.
Request the full programme:
For more information, please contact the events team, +44 (0) 1865 253 248.
USING ECONOMICS IN COMPETITION CASES
PERFORMANCE MEASUREMENT USING DATA EVELOPMENT ANALYSIS (DEA)