Year: 1995
Type: article
Abstract: In this paper recent developments in the estimation of frontier functions and the measurement of efficiency are surveyed, and the potential applicability of these methods in agricultural economics is discussed. Frontier production, cost and profit functions are discussed, along with the construction of technical, allocative, scale and overall efficiency measures relative to these estimated frontiers. The two primary methods of frontier estimation, econometric and linear programming, are compared. A survey of recent applications of frontier methods in agriculture is also provided.
Author: Tim J. Coelli
Language: English
Field: Decision Sciences
Domain: Social Sciences
SDG: Zero hunger
Open Access status: bronze
OpenAlex ID: W2038796879
