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Schmidt, Peter; Lovell, C. A. Knox

Estimating stochastic production and cost frontiers when technical and allocative inefficiency are correlated. (English) Zbl 0427.62091

J. Econom. 13, 83-100 (1980).
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Cited in 12 Documents

MSC:

62P20 Applications of statistics to economics
91B38 Production theory, theory of the firm

Keywords:

stochastic production; cost frontiers; allocative inefficiency; technical inefficiency; estimation
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References:

[1] Aigner, D. J.; Lovell, C. A.K.; Schmidt, P., Formulation and estimation of stochastic frontier production function models, Journal of Econometrics, 6, 1, 21-37 (1977), July · Zbl 0366.90026
[2] Carlsson, B., The measurement of efficiency in production: An application to Swedish manufacturing industries, Unpublished Ph.D. dissertation (1972), Department of Economics, Stanford University: Department of Economics, Stanford University Stanford, CA
[3] Farrell, M. J., The measurement of productive efficiency, Journal of the Royal Statistical Society A, 120, no. 3, 253-281 (1957), General
[4] Førsund, F. R.; Hjalmarsson, L., On the measurement of productive efficiency, Swedish Journal of Economics, 72, no. 2, 141-154 (1974), June
[5] Fuss, M. A.; McFadden, D. C., Flexibility versus efficiency in ex ante plant design, Discussion paper no. 190 (1971), Harvard Institute of Economic Research: Harvard Institute of Economic Research Cambridge, MA
[6] Johansen, L., Production functions (1972), North-Holland: North-Holland Amsterdam · Zbl 0265.90015
[7] Nabeya, S., Absolute moments in two-dimensional normal distribution, Annals of the Institute of Statistical Mathematics, 3, 2-6 (1951) · Zbl 0045.07005
[8] Schmidt, P., Econometrics (1976), Marcell Dekker: Marcell Dekker New York · Zbl 0353.62069
[9] Schmidt, P.; Lovell, C. A.K., Estimating technical and allocative inefficiency relative to stochastic production and cost frontiers, Journal of Econometrics, 9, no. 4, 343-366 (1979), Feb. · Zbl 0405.62087
[10] Zellner, A.; Kmenta, J.; Drèze, J., Specification and estimation of Cobb-Douglas production function models, Econometrica, 34, no. 4, 784-795 (1966), Oct.
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