Coelli_1998 dataset

Data: Coelli, Rao and Battese (1998).

Data of five DMUs with two inputs and one output. Prices for inputs are available. Price for output is not from Coelli et al. (1998). data

Format

Data frame with 6 rows and 5 columns. Definition of inputs (X) and outputs (Y):

• Input1: Input 1
• Input2: Input 2
• Output: Output
• Price_input1: Price input 1
• Price_input2: Price input 2
• Price_output: Price output

Source

Coelli, T.; Prasada Rao, D.S.; Battese, G.E. An introduction to efficiency and productivity analysis. Boston: Kluwer Academic Publishers.

data("Coelli_1998")

Examples

# Example. Replication of results in Coelli et al. (1998, p.166).
# Cost efficiency model.
data("Coelli_1994")
# Selection of prices: data_prices is the trasnpose where the prices for inputs are. 
data_prices <- t(Coelli_1998[, 5:6]) 

data_example <- make_deadata(Coelli_1998,
                             dmus = 1,
                             ni = 2,
                             no = 1)
result <- model_profit(data_example,
                       price_input = data_prices,
                       rts = "crs", 
                       restricted_optimal = FALSE) 
# notice that the option by default is restricted_optimal=TRUE
efficiencies(result)

See Also

make_deadata

Author(s)

Vicente Coll-Serrano (vicente.coll@uv.es ). Quantitative Methods for Measuring Culture (MC2). Applied Economics.

Vicente Bolos (vicente.bolos@uv.es ). Department of Business Mathematics

Rafael Benitez (rafael.suarez@uv.es ). Department of Business Mathematics

University of Valencia (Spain)