Are firms that make investments in fixed assets more efficient? Can fixed capital investments contribute to the improvement of a firm’s production technologies? In this paper we estimate the stochastic production frontier using firm-level data for food industry in 2003–2010, taking into...

The comparative analysis of the stochastic frontier models is carried out. The model of the production potential of publications volume in dynamics and the one where a scientist’s experience has been taken into account are built. Estimates of the technical production efficiency of a scientist...

In development of the stochastic frontier methodology we introduce a concept of achievable production potential generalizing that of the frontier production potential. A model of frontier production potential was built taking in account possibilities of management of factors of inefficiency and...

The results of applied research on estimation of the production potential based on the methodology of the stochastic frontier production function are presented in the paper. The comparative analysis of the stochastic frontier models by means of estimates of technical production efficiency is...

The article deals with problems related to the stochastic frontier model of bank efficiency measurement. The model is used to study the efficiency of the banking sector of The Russian Federation. It is based on the stochastic approach both to the efficiency frontier location and to individual...

The paper demonstrates the potential of the stochastic frontier-based methods of performance assessment of non-profit associations. They are commonly used for productivity analysis and could serve as an adequate tool for such assessment, especially when dealing with numerous non-profits pursuing...

In this paper we investigate the effect of the entry of foreign firms on the efficiency of Russian industrial enterprises using the panel firm level dataset for 1995-2004. The analysis of the competition structure of Russian industrial sectors reveals that domestic concentration ratios remain...

A method and results of economic efficiency estimation of advertisement activities carried out by a commercial bank are described. The main consideration is given to auto loans. The purpose of these activities is to increase consumer loans volumes. The resulted credit volumes are also estimated....

Developing a concept of stochastic frontier we estimate the expected increase in the production volume achieved as a result of a shift to the achievable production potential. The expected economic effect of an activity of raising production efficiency is forecast. The distribution of the...

In literature there is no single answer to the question, whether the growth of imports in industry leads to decrease or to increase the technical efficiency: possible effect of different mechanisms. In this paper we estimate the stochastic production frontier using firm-level data for food...