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This paper uses cross-sectional data collected from 375 smallholder yam farmers in Ghana in 2010 to examine whether the adoption of yam minisett technology had an effect on the technical efficiency of production of the yam farmers. We correct for endogeneity in adoption and employ stochastic...
Persistent link: https://www.econbiz.de/10010882257
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This paper considers a statistical model for a production frontier that is consistent with the traditional (nonstochastic) definition of a production function given in microeconomic theory. Limiting cases of the model are the familiar average production function and an envelope production...
Persistent link: https://www.econbiz.de/10005493312
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The modelling and estimation of frontier production functions has been an important area of econometric research during the last two decades. Forsund, Lovell and Schmidt (1980) and Schmidt (1986) present reviews of the concepts and models involved and cite some of the empirical applications...
Persistent link: https://www.econbiz.de/10010911245