Chakuri, Dominic; Asem, Freda Elikplim; Onumah, Edward E. - In: Cogent economics & finance 10 (2022) 1, pp. 1-15
This paper considered Bayesian Stochastic Frontier Model to analyse technical efficiency and their determinants of … distributions of the farmers’ technical efficiency levels. All computations were done using Markov Chain Monte Carlo methods (MCMC …). Results revealed that the groundnut farmers produce at an increasing return to scale of 1.10. Average technical efficiency of …