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Title
Metafrontier frameworks for the study of firm-level efficiencies and technology ratios
Fields of Research (FoR) 2008:
Author(s)
Publication Date
2008
Socio-Economic Objective (SEO) 2008
Abstract
This paper uses the concept of a metafrontier to compare the technical efficiencies of firms that may be classified into different groups. The paper presents the basic analytical framework necessary for the definition of a metafrontier, shows how a metafrontier can be estimated using non-parametric and parametric methods, and presents an empirical application using cross country agricultural sector data. The paper also explores the issues of technological change, time-varying technical inefficiency, multiple outputs, different efficiency orientations, and firm heterogeneity.
Publication Type
Journal Article
Source of Publication
Empirical Economics, 34(2), p. 231-255
Publisher
Springer
Place of Publication
Germany
ISSN
1435-8921
0377-7332
Peer Reviewed
Yes
HERDC Category Description
Peer Reviewed
Yes
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