IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Production and stochastic efficiency: An application to the Colombian footwear and leather industry

  • Jorge Barrientos Marín
  • David Tobón
  • Alderid Gutiérrez

In this paper, we characterize and study the efficiency of a representative set of firms in the leather and footwear sector in Bogotá, Bucaramanga, Cúcuta and the Metropolitan Area of Medellin. This study is based on a survey addressing multiple aspects of production in this industry (inputs, integration of activities, administrative management, innovation, exports, etc). Our results suggest that a reasonable percentage of total variance is accounted for by the variance of the inefficiency term. Additionally, the sample exhibits diminishing returns to labor. Even though many firms seem to be efficient, the leather sector as a whole is not operating near its production possibilities frontier.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: ftp://ftp.drivehq.com/cavasco/lecturas/numero70/n70a7.pdf
Download Restriction: no

Article provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.

Volume (Year): (2009)
Issue (Month): 70 ()
Pages: 165-190

as
in new window

Handle: RePEc:lde:journl:y:2009:i:70:p:165-190
Contact details of provider: Web page: http://economia.udea.edu.co
Email:


More information through EDIRC

Order Information: Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:lde:journl:y:2009:i:70:p:165-190. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.