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Fixed effects production functions and stochastic production frontiers are estimated and used to decompose dairy farm output growth into technological progress, technical efficiency, and increased input use or the size effect. Unbalanced panel data for ninety-six Vermont dairy farmers for the...
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This paper reviews the trends in Indian Agriculture before and after the introduction of the economic reforms, and the advent of WTO regime. We employ the Cobb Douglas Production Function using the OLS specification to investigate the determinants of agricultural gross domestic product for the...
Persistent link: https://www.econbiz.de/10012712900
Производственная функция является одним из основных понятий экономической теории. Как основа для моделирования поведения предприятий производственные...
Persistent link: https://www.econbiz.de/10013082555
В данной работе нами рассматриваются некоторые свойства различных производственных функций. Одним из ключевых моментов при построении эмпирических...
Persistent link: https://www.econbiz.de/10013082559
При оценивании производственных функций исследователь сталкивается с рядом проблем, которые в наиболее общем виде можно разделить на две группы: проблемы,...
Persistent link: https://www.econbiz.de/10013082561
This paper uses Data Envelopment Analysis (DEA) model formulations in order to determine the performance levels of 16 departments of the University of Thessaly. Particularly, the constant returns to scale (CRS) and variable returns to scale (VRS) models have been applied alongside with bootstrap...
Persistent link: https://www.econbiz.de/10011524091
We examine the educational production function and efficiency of public school districts in Illinois. Using nonparametric kernel methods, we find that most traditional schooling inputs are irrelevant in determining test scores (even in a very general setting). Property tax caps are the only...
Persistent link: https://www.econbiz.de/10011517673
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