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Measures of technical efficiency

✍ Scribed by R Robert Russell

Book ID: 113180857
Publisher: Elsevier Science
Year: 1985
Tongue: English
Weight: 762 KB
Volume: 35
Category: Article
ISSN: 0022-0531
DOI: 10.1016/0022-0531(85)90064-x

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## SUMMARY In the fixed‐effects stochastic frontier model an efficiency measure relative to the __best__ firm in the sample is universally employed. This paper considers a new measure relative to the worst firm in the sample. We find that estimates of this measure have smaller bias than those of th