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Persistent link: https://www.econbiz.de/10005722116
This paper proposes an alternative model for separating technical change from time-varying technical inefficiency. The proposed formulation uses the general index, developed by Baltagi and Griffin (1988), to model technical change in the production frontier function and a quadratic function of...
Persistent link: https://www.econbiz.de/10010866109
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Output growth decomposition of the Greek olive-oil sector under technical and allocative inefficiencies, economies of scale and technical change, is performed. The stochastic production frontier model is extended to panel data and FGLS estimation. Conventional inputs are main source of growth:...
Persistent link: https://www.econbiz.de/10005338776
Due to the assumption that the best practice methods refer to each input separately instead of the whole set of inputs used by a firm, the benchmark technology as defined in the stochastic varying coefficient frontier model may be infeasible and theoretically improper whenever the maximum...
Persistent link: https://www.econbiz.de/10005024172
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This article proposes a tractable approach for analyzing the sources of TFP changes (i.e., technical change, changes in technical and allocative inefficiency, and the scale effect) in a multi-output setting, while retaining the single-equation nature of the econometric procedure used to estimate...
Persistent link: https://www.econbiz.de/10009398111
This paper develops a method for decomposing total factor productivity growth in separable production technologies and uses it to examine the role of pest-damage prevention on agricultural productivity. The rate of technical change is decomposed into output-enhancing and damage-preventing...
Persistent link: https://www.econbiz.de/10010866028
This paper attempts to provide an empirical evaluation of the potential relationship between sectoral linkages and technical efficiency using the 1996 US input-output tables. Sectoral input-oriented technical efficiency is obtained by the econometric estimation of a stochastic input-distance...
Persistent link: https://www.econbiz.de/10005040049