AgEcon Search (University of Minnesota, USA) · 2011 · 13 citations · 14 references
AgricultureBusiness EconomicsEconomicsEconometricsProduction EconomicsProduction SystemsEfficiency AnalysisPanel Data MethodsProduction TheoryProductivity AnalysisProductivity MeasurementTechnical EfficiencyFrontier AnalysisFrontier Production AnalysisInput-oriented EfficiencyMaximum OutputPanel Frontier ModelsProduction Function Estimation
Estimation of the technical efficiency which measures the ability of a company to obtain the maximum output from given inputs or to use the minimum input to achieve given outputs has been considered. Stochastic methods were chosen because of their wide application in research in the whole world. The Translog and Cobb-Douglas stochastic frontiers were fitted in order to estimate the efficiency of milling companies in Poland.
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