Productive Efficiency of the Swine Industry in Hawaii: Stochastic Frontier vs. Data Envelopment Analysis
Khem Sharma (),
Pingsun Leung () and
Halina Zaleski ()
Journal of Productivity Analysis, 1997, vol. 8, issue 4, 447-459
Abstract:
Improving productive efficiency is an increasingly important determinant of the future of the swine industry in Hawaii. This paper examines the productive efficiency of a sample of swine producers in Hawaii by estimating a stochastic frontier production function and the constant returns to scale (CRS) and variable returns to scale (VRS) output-oriented DEA models. The technical efficiency estimates obtained from the two frontier techniques are compared. The scale properties are also examined under the two approaches. The industry's potential for increasing production through improved efficiency is also discussed. Copyright Kluwer Academic Publishers 1997
Keywords: Productive efficiency; stochastic production frontier; data envelopment analysis; swine industry (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jproda:v:8:y:1997:i:4:p:447-459
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DOI: 10.1023/A:1007744327504
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