Balcombe, Kelvin; Fraser, Iain; Kim, Jae - In: Applied Economics 38 (2006) 19, pp. 2221-2236
Technical efficiency is estimated and examined for a cross-section of Australian dairy farms using various frontier methodologies; Bayesian and Classical stochastic frontiers, and Data Envelopment Analysis. The results indicate technical inefficiency is present in the sample data. Also...