A stochastic Cobb-Douglas production frontier is used to provide estimates of output-oriented technical efficiency, input-oriented technical efficiency, input allocative efficiency and cost efficiency for a sample of seabass and seabream farms in Greece.
The generalized quadratic Box-Cox transformation is used to test the relative performance of alternative, widely used, functional forms and to examine the effect of prior choice on final efficiency estimates.
This paper provides an empirical comparison of time-varying technical inefficiency measures obtained from the econometric estimation of different specifications of the stochastic production frontier model.
This paper provides a decomposition of output growth among olive-growing farms in Greece during the period 1987-1993 by integrating Bauer’s (1990) and Bravo-Ureta and Rieger’s (1991) approaches.
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