Microeconometrics in business management / Jerzy Witold Wisniewski.

Format:

Book

Author/Creator:

Wiśniewski, Jerzy W., author.

Language:

English

Subjects (All):

Industrial management--Econometric models.

Industrial management.

Managerial economics.

Microeconomics.

Physical Description:

1 online resource (276 p.)

Edition:

1st ed.

Place of Publication:

Chichester, England : Wiley, 2016.

Language Note:

English

Summary:

This book introduces the application of microeconometric methods for modelling various aspects of economic activity for small to large size enterprises, using methods that are based on both time-series and cross-section approaches. The information obtained from using these estimated models can then be used to inform business decisions that improve the efficiency of operations and planning. Basic models used in the modelling of the business (single-equation and multiple-equation systems) are introduced whilst a wide range of economic activity including major aspects of financial management, demand for labour, administrative staff and labour productivity are also explored. Microeconometrics in Business Management: * Introduces econometric methods which can be used in the modelling of economic activity and forecasting, to help improve the efficiency of business operations and planning. * Describes econometric entities through multiple-equation and single-equation microeconometric models. * Explores the process of building and adapting basic microeconometric tools. * Presents numerous micromodels based on time-series data and statistical cross-sectional sequences, which can be used in any enterprise. * Features numerous real -world applications along with examples drawn from the authors own experience. * Is supported by a companion website featuring practice problems and statistical data to aid students to construct and estimate micro models. * Features end of chapter exercises with examples present in free software GRETL. This book serves as a valuable resource for students, business management practitioners and researchers in econometric micro-model construction and various decision-making processes.

Contents:

A single-equation econometric model

A multiple-equation econometric models

Econometric modeling of a large and medium-sized enterprise's economic system

An empirical econometric model of a small-sized enterprise

Econometric modeling in management of small-sized enterprise

Econometric model in the analysis of enterprise's labor resources.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9781119096825

1119096820

9781119154136

1119154138

9781119096818

1119096812

OCLC:

932334482