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This paper considers an extension of technical inefficiency to a mor e disaggregate level, viz., input-specific technical inefficiency, based on a stochastic production frontier. Allocative inefficiency is modeled as a departure from the first order conditions for cost mini mization. The...
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This paper considers an econometric approach to measure total factor productivity (TFP) growth and technical change (TC) for 31 publicly owned passenger-bus companies in India during 1983-1987. A translog variable cost function is used to represent the production technology. Firm heterogeneity...
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