Estimation of technical efficiency by application of the SFA method for panel data

• Authors: Bezat A.
• Languages of publication: EN

Abstracts

EN

Estimation of the technical efficiency which measures the ability of a company to obtain the maximum output from given inputs or to use the minimum input to achieve given outputs has been considered. Stochastic methods were chosen because of their wide application in research in the whole world. The Translog and Cobb-Douglas stochastic frontiers were fitted in order to estimate the efficiency of milling companies in Poland.

Keywords

EN

efficiency; stochastic frontier analysis; Cobb-Douglas function; translog function; analysis method; business firm; technical efficiency; frontier production function

• Publisher: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
• Journal: Problemy Rolnictwa Światowego
• Year: 2011
• Volume: 11(26)
• Issue: 3
• Physical description: p.5-13,ref.

Contributors

author

Bezat A.

• Chair of Agricultural Economics and International Economic Relations, Warsaw University of Life Sciences, Warsaw, Poland