This event is organised by the Sustainable growth, Management and Economic Productivity (SMP) Pathway

The aim of the course is to introduce participants to issues related with total factor productivity and efficiency measurement using both parametric and non-parametric approaches. The main assumptions behind the productivity and efficiency measurement, with particular reference to Stochastic Frontier Model, Total Factor Productivity, time-invariant and time-varying determinants of inefficiency will be discussed. Basic and advanced quantitative approaches to estimate parameters, computation of marginal affect, dynamic linkages, and how to develop estimators with good properties under reasonable assumptions and to ensure that statistical inference is valid will be covered along with several examples with real-world data.

During the second half, participants working in this area will get an opportunity to interact with their specific problems/issues at hand with the speakers.