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An Application and Test for a Random Coefficient Model in Bangladesh Agriculture

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Author Info
Hoque, Asraul
Abstract

The paper deals with efficiency questions by estimating four production functions for four different regions in connection with Bangladesh agriculture. Hildreth and Houck's (1968) random coefficient method was found more suitable than OLS after conducting an appropriate test for this. In contrast to earlier studies, 24 piece-wise regressions have been fitted for each index of efficiency considering all four regions and six different ranges of farm size instead of a single regression so that the relationship could be studied more closely. The study clearly indicates higher efficiency for smaller farms. Copyright 1991 by John Wiley & Sons, Ltd.

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Publisher Info
Article provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics.

Volume (Year): 6 (1991)
Issue (Month): 1 (Jan.-March)
Pages: 77-90
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Handle: RePEc:jae:japmet:v:6:y:1991:i:1:p:77-90

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  1. Bidani, Benu & Ravallion, Martin, 1995. "Decomposing social indicators using distributional data," Policy Research Working Paper Series 1487, The World Bank. [Downloadable!]
    Other versions:
  2. Kang, Hyejung & Lee, Hyunok & Sumner, Daniel A., 2003. "Heterogeneity In Production Technology Across Farm Sizes: Analysis Of Multi-Output Production Function Using Korean Farm-Level Panel Data," 2003 Annual meeting, July 27-30, Montreal, Canada 22245, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  3. Asraul Hoque, 1993. "Allocative Efficiency and Input Subsidy in Asian Agriculture," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 32(1), pages 87-99. [Downloadable!]
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