COMPARISON OF THE DETERMINISTIC AND STOCHASTIC APPROACHES FOR ESTIMATING TECHNICAL EFFICIENCY ON THE EXAMPLE OF NON-PARAMETRIC DEA AND PARAMETRIC SFA METHODS

• Authors: Agnieszka Bezat
• Languages of publication: EN

Abstracts

EN

The author considers in the article estimation of the technical efficiency, which measures the ability of the company to obtain the maximum output from given inputs or to use the minimum input to achieve given outputs. The comparison of two approaches: deterministic (on the example of Data Envelopment Analysis) and stochastic (on the example of Stochastic Frontier Approach) has been carried out, the advantages and disadvantages of both were also described. These methods were chosen because they have become popular in polish research. In the article the possible limitations and problems, which may influence results of studies conducted by using these methods, were considered.

Keywords

EN

"efficiency measuring; Stochastic Frontier Approach; Data Envelopment Analysis; Decision Making Units "

• Publisher: Katedra Ekonometrii i Statystyki, Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
• Journal: Metody Ilościowe w Badaniach Ekonomicznych
• Year: 2009
• Volume: 10
• Issue: 1
• Pages: 20-29

Contributors

author

Agnieszka Bezat

• Katedra Ekonomiki Rolnictwa i Międzynarodowych Stosunków Gospodarczych SGGW

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