EFFICIENCY ESTIMATION IN A PROFIT MAXIMIZING MODEL USING FLEXIBLE PRODUCTION FUNCTION

被引：31

作者：

KUMBHAKAR, SC

机构：

[1] Department of Economics, University of Texas at Austin, Austin

来源：

AGRICULTURAL ECONOMICS | 1994年 / 10卷 / 02期

关键词：

D O I：

10.1016/0169-5150(94)90003-5

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

This paper uses a flexible (translog) production function to estimate efficiency of 227 farms from West Bengal, India. We consider estimation of technical and allocative inefficiencies using a profit maximising framework which accommodates both endogenous and exogenous inputs. The maximum likelihood method of estimation developed in this paper is based on the production function and the first-order conditions of profit maximisation. Farm-specific technical and allocative inefficiencies are also estimated. Empirical results show that the mean level of technical efficiency is 75.46% while the best farm is 85.87% efficient (technically). So far as allocative efficiency is concerned the majority of the farms are found to be under-users of the endogenous inputs, viz.. fertiliser, manure, human and bullock labour.

引用

页码：143 / 152

页数：10

共 31 条

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