Work

Efficiency in Social Versus Private Agricultural Production: The Case of Yugoslavia

Year: 1993

Type: article

Abstract: This paper extends the work of Boyd (1987) by examining the question of efficiency in Yugoslavian agricultural production using the stochastic production frontier. We find the private sector produces with higher output efficiency than the social sector. Next, we examine regional efficiency differences. Our findings reinforce earlier analysis of the economic impact of regional development policy pursued in Yugoslavia. Less developed republics appeared unable to utilize efficiently the large volume of investment resources allocated from the more developed republics via the central government.

Source: The Review of Economics and Statistics

DOI: 10.2307/2109640

Authors: Richard A. Hofler, James E. Payne

Language: English

Topic: Efficiency Analysis Using DEA

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

SDGs: Zero hunger, Decent work and economic growth

Open Access status: green

OpenAlex ID: W2003763012

FWCI: 0.593

Cites: 6

Cited by: 12

Related to: 10