ESTIMATION OF ECONOMIC AND ALLOCATIVE EFFICIENCIES RELATIVE TO STOCHASTIC FRONTIER PROFIT FUNCTION
Bagi, Faqir Singh
1985

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Abstract

This paper presents a stochastic frontier profit function model. The (frontier) optimal demand functions for variable inputs are derived from this model, and used to calculate the allocative efficiency of individual variable inputs. These models are used to estimate the economic efficiency, optimal demand for variable inputs, and allocative efficiency of individual farms.

Details

Title
ESTIMATION OF ECONOMIC AND ALLOCATIVE EFFICIENCIES RELATIVE TO STOCHASTIC FRONTIER PROFIT FUNCTION
Keywords
Author(s)
Bagi, Faqir Singh
Subject(s)
Issue Date
1985-08
Publication Type
Conference Paper/ Presentation
DOI and Other Identifiers
10.22004/ag.econ.278504
Record Identifier
https://ageconsearch.umn.edu/record/278504
Language
English
Total Pages
16
Record Appears in
Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1985 Annual Meeting, August 4-7, Ames, Iowa

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