Coelli_1998 {deaR}

Data: Coelli, Rao and Battese (1998).

Description

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).

Usage

data("Coelli_1998")

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

Author(s)

Vicente Coll-Serrano ([e-mail]). Quantitative Methods for Measuring Culture (MC2). Applied Economics.

Vicente Bolos ([e-mail]). Department of Business Mathematics

Rafael Benitez ([e-mail]). Department of Business Mathematics

University of Valencia (Spain)

Source

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

See Also

make_deadata

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)