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Assessment methods of the economic efficiency of the farms


  • Darina Zaimova


Two alternative methodological approaches for evaluation of the technical efficiency are compared: the Data Envelopment Analysis – DEA, using linear programming techniques and the Stochastic Frontier Analysis – SFA, being a parametric, econometric approach. The study is based on data on 130 agricultural producers, registered in the South Central and the SE planning regions being member of producer organizations between 2005 and 2008.

Suggested Citation

  • Darina Zaimova, 2011. "Assessment methods of the economic efficiency of the farms," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 81-94.
  • Handle: RePEc:bas:econth:y:2011:i:2:p:81-94

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    References listed on IDEAS

    1. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
    2. Fare, Rolf & Grosskopf, Shawna, 1994. "Estimation of returns to scale using data envelopment analysis: A comment," European Journal of Operational Research, Elsevier, vol. 79(2), pages 379-382, December.
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    More about this item

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity


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