[cid:image001.png@01D28642.44303820] THEORY AND PRACTICE OF EFFICIENCY & PRODUCTIVITY MEASUREMENT: STATIC & DYNAMIC ANALYSIS Summer School for PhDs and Postdocs Wageningen University, the Netherlands Week 1: 3 - 7 July 2017 Parametric Efficiency and Productivity Analysis (Prof. Subal Kumbhakar and Prof. Chris Parmeter) The first week introduces Stochastic Frontier Analysis to measure efficiency and productivity by letting the data span the frontier to establish best practice. This approach coupled with the microeconomic theory of the firm provides firm-specific measurements of efficiency and best practice role models for improving performance. Week 2: 10- 14 July 2017 DEA and Dynamic Efficiency and Productivity Analysis (Prof. Spiro Stefanou and Prof. Alfons Oude Lansink) The second week introduces the students into Data Envelopment Analysis (DEA) and the dynamic perspective to measuring efficiency and productivity. DEA is a nonparametric technique for measuring efficiency and productivity. The technique does not require distributional assumptions on the efficiency term and is a flexible approach that can be applied to many situations. Dynamic efficiency and productivity analysis is a relatively new approach that has found a more wide application the economics literature. The approach explicitly accounts for the role of adjustment costs in investments. Registration Procedure: Participants may enroll for either week 1 or 2, or both weeks. Although each week is independent, participants are encouraged to take both weeks. Register via the website: http://www.wass.wur.nl/UK/courses/registration/ Course Fees 450 Euros per week, or 950 euros for those registering for both weeks. Further Information A brochure is available at: http://www.wur.nl/en/show/WASS-Summer-School-Theory-and-practice-of-efficien... For further information please contact Alfons.Oudelansink@wur.nl<mailto:Alfons.Oudelansink@wur.nl>