X-inefficiencies in the Japanese Manufacturing Industries II: Identifying X-inefficiencies assuming the Existence of Inefficiency Unobserved Production Factors
Akio Torii
Additional contact information
Akio Torii: Chuo University, Institute of Economic Research
Chapter Chapter 6 in Production Efficiency with the Stochastic Management Model, 2026, pp 179-204 from Springer
Abstract:
Abstract This chapter introduces a model that, instead of using the vintage model, assumes the existence of an important unobserved production factor. It suggests that technical inefficiency is observed in the estimation of the production function because this production factor cannot be explicitly accounted for. Based on this model, the chapter presents a method for testing whether the production factor is controlled or not. The test is conducted using data from Japanese manufacturing, and it demonstrates that the hypothesis of the existence of X-inefficiency cannot be rejected.
Date: 2026
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-3501-9_6
Ordering information: This item can be ordered from
http://www.springer.com/9789819535019
DOI: 10.1007/978-981-95-3501-9_6
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().