SFA & DEA course at Aston University, June 2017

Aston Group of Efficiency and Productivity (AGEP)

Courses on:Performance Measurement Using Data Envelopment Analysis (DEA) at Aston University, UK

Date: 21 and 22 June 2017 (Register before 10th June 2017 and save £200.)
For registration and further details please visit: http://www.aston.ac.uk/aston-business-school/research/groups/oim/agep/ 

Participants will be introduced to the key underlying concepts of econometric methods in the context of efficiency and productivity analysis and to the types of information on performance that can be derived. Participants will also be introduced to the limitations of each approach and given advice how to use the methods appropriately, avoiding pitfalls. The course will cover Production and Cost functions, Corrected OLS regression (COLS), Modified OLS regression (MOLS), Stochastic Frontier Analysis (SFA) and panel data methods for efficiency and productivity analysis. Lectures will normally be followed by hands on sessions using sample data worked on with appropriate software.

Day 1- Morning

  • Introduction to econometric models for the modelling of production and cost functions.
  • Introduction to STATA – Hands-on exercise using simple data sets.

Day 1- Afternoon

  • Deterministic approaches for efficiency measurement: Corrected OLS (COLS) and Modified OLS (MOLS)
  • Hands-on case study: The use of COLS for measuring efficiency.

Day 2- Morning

  • Introduction to Stochastic Frontier Analysis (SFA)
  • Utilising data over time: An introduction to panel data models for efficiency and productivity measurement

Day 2- Afternoon

  • Hands-on case study: The use of SFA for measuring efficiency
  • Illustrative applications of SFA drawn from the delegates’ work experience and open discussion

Presenters:

Professor Emmanuel Thanassoulis:  Emmanuel is Professor in Management Sciences at Aston Business School and is on the Editorial Board of the European Journal of Operational Research. He is a world authority on Data Envelopment Analysis (DEA) with over 60 refereed publications in the area including the highly influential book Introduction to the Theory and Application of Data Envelopment Analysis: A foundation text with integrated software (Springer) and ‘DEA—The Mathematical Programming Approach to Efficiency Analysis’, in The Measurement of Productive Efficiency and Productivity Growth  (Oxford University Press). He has co-developed highly acclaimed DEA Software and has acted as consultant on efficiency and productivity analysis to a variety of organisations, including Sibelga (Belgian gas and electricity distribution operator), Transco, Ofwat, the UK Department for Communities and Local Government and HM Treasury.

Dr Dimitris Giraleas: Dimitris is Lecturer in Business Statistics in Aston Business School, Birmingham, teaching Statistics for Business, Data Envelopment analysis and Advance Performance Measurement in the Postgraduate level. Prior to joining academia, Dimitris was a business and economics consultant with more than 10 years of experience. His main areas of expertise are Performance Management, Economic Regulation and Econometric and Mathematical Modelling.

For registration and further details please visit: http://www.aston.ac.uk/aston-business-school/research/groups/oim/agep/

 

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