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In development of the stochastic frontier methodology we introduce a concept of achievable production potential generalizing that of the frontier production potential. A model of frontier production potential was built taking in account possibilities of management of factors of inefficiency and...
Persistent link: https://www.econbiz.de/10009291927
Developing a concept of stochastic frontier we estimate the expected increase in the production volume achieved as a result of a shift to the achievable production potential. The expected economic effect of an activity of raising production efficiency is forecast. The distribution of the...
Persistent link: https://www.econbiz.de/10009018546
The comparative analysis of the stochastic frontier models is carried out. The model of the production potential of publications volume in dynamics and the one where a scientist’s experience has been taken into account are built. Estimates of the technical production efficiency of a scientist...
Persistent link: https://www.econbiz.de/10009291924
This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex post pecuniary...
Persistent link: https://www.econbiz.de/10001904596
Permutation techniques, where one recompute the test statistic over permutations of data, have a long history in statistics and have become increasingly useful as the availability of computational power has increased. Until now, no permutation tests for examining returns to scale assumptions,...
Persistent link: https://www.econbiz.de/10013338075
Este estudio estimó la forma funcional de producción cafetera en Colombia mediante fronteras estocásticas (FEP). Con esto, se analizó la importancia de los principales insumos empleados en la producción de café (cantidad de hectáreas cultivadas, mano de obra utilizada, maquinaria...
Persistent link: https://www.econbiz.de/10013128200
This article is an empirical study about flexible and conventional functional forms of coffee production, minflex Laurent Translog function econometrically has been established in Colombia coffee zone for the farm size (smallholders, medium and large farms, general sector), using a stochastic...
Persistent link: https://www.econbiz.de/10014042989
A method and results of economic efficiency estimation of advertisement activities carried out by a commercial bank are described. The main consideration is given to auto loans. The purpose of these activities is to increase consumer loans volumes. The resulted credit volumes are also estimated....
Persistent link: https://www.econbiz.de/10009018533
From the 1930s, Leontief defended the validity of input-output analysis on the basis of a very specific epistemology: operationalism. Operationalism was not proper to Leontief but it was a common epistemological reference from the 1930s to the 1950s –especially about the status of scientific...
Persistent link: https://www.econbiz.de/10009001200
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10010202776