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This paper proposes an approach to specify and estimate multiple input, multiple output production frontiers and technical efficiency using a stochastic ray frontier production model A possible model extension is to incorporate a technical efficiency effects model to allow estimation of the...
Persistent link: https://www.econbiz.de/10005423780
This paper has two purposes. The first purpose is methodological and aims to extend previous work on efficiency analysis by implementing a multiple-output stochastic ray frontier production function model. This model generalizes the single-output stochastic frontier model to multiple-input,...
Persistent link: https://www.econbiz.de/10005649481
This paper proposes a generalization of the single output stochastic production frontier model. The generalization allows estimation of production frontiers and distance functions (technical efficiency) for multiple output technologies using cross section or panel data on inputs and outputs.
Persistent link: https://www.econbiz.de/10005649500