Input- and Output-Oriented Technical Efficiency of Ukrainian Collective Farms, 1989–1992: Bayesian Analysis of a Stochastic Production Frontier Model

Lyubov Kurkalova () and A. Carriquiry

Journal of Productivity Analysis, 2003, vol. 20, issue 2, 211 pages

Abstract: We propose estimation of a stochastic production frontier model within a Bayesian framework to obtain the posterior distribution of single-input-oriented technical efficiency at the firm level. All computations are carried out using Markov chain Monte Carlo methods. The approach is illustrated by applying it to production data obtained from a survey of Ukrainian collective farms. We show that looking at the changes in single-input-oriented technical efficiency in addition to the changes in output-oriented technical efficiency improves the understanding of the dynamics of technical efficiency over the first years of transition in the former Soviet Union. Copyright Kluwer Academic Publishers 2003

Keywords: stochastic production frontier; Bayesian estimation; input efficiency; transition agriculture (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jproda:v:20:y:2003:i:2:p:191-211

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DOI: 10.1023/A:1025132322762

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