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2 articles for “Stochastic frontier production function”
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Using Monte Carlo Simulation Approach, Estimation of Stochastic Frontier Production Function and Test of Parameters under Restricted Alternatives
Abstract: The stochastic frontier production function can be used to estimate the technical efficiencies among the firms when all the firms are not technically efficient. In most of the economic problems, prior information about the parameters is known in advance. That is, the sign of the parameters are known, which is also true for the Stochastic Frontier Production. We notice that the existing techniques of estimating the Stochastic Frontier Production Function …
Published in Research & Reviews : Journal of Statistics · Vol. 8, Issue 1, 2019 · pp. 26–31 Read article
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MEASUREMENT OF FARM EFFICIENCY IN AGRICULTURAL SECTOR OF INDIA:A STUDY
Abstract: While the non-parametric production function is based on linear programming, the parametric production function is estimated using stochastic frontier analysis (SFA). The efficiency is assessed using a non-parametric technique known as Data Envelopment Analysis (DEA) (Charnes, Cooper, & Rhodes, 1978).. The primary benefit of the DEA technique is that it circumvents certain drawbacks of the parametric approach by requiring simply a little portion of a priori assumptions about the functional …
Published in Research and Reviews : Journal of Crop science and Technology · Vol. 13, Issue 1, 2024 Read article