@article{Aedo:115520,
      recid = {115520},
      author = {Aedo, Edinson Rivera and Lakner, Sebastian and Brümmer,  Bernhard},
      title = {Technical Efficiency in the Chilean Agribusiness Sector},
      address = {2011},
      number = {925-2016-73013},
      pages = {19},
      year = {2011},
      abstract = {The reform-process towards a higher world-market  orientation has a long tradition in Chile, with
all its  strengths and weaknesses. The food processing industry is  highly competitive on the worldmarket.
The following paper  investigates the technical efficiency of the Chilean food  processing
industry between 2001 and 2007. We used a  data-set from the 5,941 of firms in food  processing
industry. The observations are taken of the  ‘Annual National Industrial Survey’. The method  of
stochastic frontier analysis is applied; the  heteroscedasticity-model is used in order to analyze  the
determinants of technical efficiency. We included  variables capturing different effects before and
after the  introduction of a liberalization policy in 2004. Raw  materials and labor have to largest
impact on the output.  We could show that technical efficiency is different in the  periods before
and after 2004. The region with the highest  level of efficiency is the metropolitan region  around
Santiago de Chile.},
      url = {http://ageconsearch.umn.edu/record/115520},
      doi = {https://doi.org/10.22004/ag.econ.115520},
}