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Generalized Stochastic Frontier Production Models

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  • Löthgren, Mickael

    ()
    (Department of Economic Statistics)

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    Abstract

    This paper proposes a generalization of the single output stochastic production frontier model. The generalization allows estimation of production frontiers and distance functions (technical efficiency) for multiple output technologies using cross section or panel data on inputs and outputs.

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    Bibliographic Info

    Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 149.

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    Length: 6 pages
    Date of creation: Dec 1996
    Date of revision: 03 Sep 1997
    Publication status: Published in Economics Letters, 1997, pages 255-259.
    Handle: RePEc:hhs:hastef:0149

    Note: Forthcoming in: Economic Letters
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    Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden
    Phone: +46-(0)8-736 90 00
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    Web page: http://www.hhs.se/
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    Related research

    Keywords: Distance function; panel data; stochastic frontier models; technical efficiency;

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    Cited by:
    1. John L. Whiteman, 1999. "The Measurement Of Efficiency Where There Are Multiple Outputs," Centre of Policy Studies/IMPACT Centre Working Papers g-134, Victoria University, Centre of Policy Studies/IMPACT Centre.
    2. Irz, Xavier T. & Stevenson, James R., 2012. "Efficiency and Farm Size in Philippine Aquaculture. Analysis in a Ray Production Frontier Framework," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), issue 2, August.
    3. Toman, J.T., 2005. "The gang system and comparative advantage," Explorations in Economic History, Elsevier, vol. 42(2), pages 310-323, April.

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