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Supermarkets are gaining ground in the agri-food systems of many developing countries. While recent research has analyzed income effects in the small farm sector, impacts on productivity and efficiency have hardly been studied. We use a meta-frontier approach and combine this with propensity...
Persistent link: https://www.econbiz.de/10010235166
Parametric stochastic frontier models yield firm-level conditional distributions of inefficiency that are truncated normal. Given these distributions, how should one assess and rank firm-level efficiency? This study compares the techniques of estimating a) the conditional mean of inefficiency...
Persistent link: https://www.econbiz.de/10014183161
Conventional data envelopment analysis (DEA) for measuring the relative efficiency of a set of decision-making units (DMUs) requires the observations to have precise values. When observations are imprecise and represented by interval values, the efficiencies are also expected to reflect interval...
Persistent link: https://www.econbiz.de/10014042568
The conventional slacks-based measure (SBM) model is widely applied to measure the relative efficiency of a set of decision making units (DMUs) because the measured efficiency is not affected by weakly efficient frontiers. This model seeks the target point on the production frontier that is...
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We propose a two-stage procedure for finding realistic benchmarks for nonparametric efficiency analysis. On the first stage the efficient DMUs are figured out by a free disposal hull approach. These benchmarks are directly targeted by directional distance functions and the extent of inefficiency...
Persistent link: https://www.econbiz.de/10011554171
In the fixed-effects stochastic frontier model an efficiency measure relative to the best firm in the sample is universally employed. This paper considers a new measure relative to the worst firm in the sample. We find that estimates of this measure have smaller bias than those of the...
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