The study measures productive efficiency of tomato growers in village Akbarpura of Disctrict Nowshera in Khyber Pakhtunkhwa (KPK) province of Northern Pakistan. The study uses household level data collected in summe...The study measures productive efficiency of tomato growers in village Akbarpura of Disctrict Nowshera in Khyber Pakhtunkhwa (KPK) province of Northern Pakistan. The study uses household level data collected in summer 2010 from sample farmers selected by multi-staged sampling. The study uses a theoretical framework to measure productive efficiency and estimates the Cobb-Douglas frontier production and cost models. The study found that technical efficiency indices varied significantly, with technical efficiency index averaging at 65%. The indices of allocative efficiency also varied widely, with an average of 56%. There was a wide gap between the highest and lowest economic efficiency indices, with a mean economic efficiency of 35%. The study concluded that farmer education, extension visits, age and access to credit contributed significantly and positively to productive efficiencies. A policy implication of this study is that there is enough potential for farmers to increase tomato production and net profits. The study recommends that the government should further invest in public education and strengthen extension services farmer education and because extension visits constituted important determinants of productive efficiencies.展开更多
Abstract: The aim of this paper is to investigate the relative contribution of technical efficiency, technological change and increased input use to the output growth of the Tunisian citrus growing farms using a stoc...Abstract: The aim of this paper is to investigate the relative contribution of technical efficiency, technological change and increased input use to the output growth of the Tunisian citrus growing farms using a stochastic frontier production function approach applied to panel data for the period 2003-2005. Knowledge of the relative contribution of factors productivity and input use to output growth and improvements in technical efficiency is crucial to provide a comprehensive view of the state of the citrus producing sector in the country and help farm managers and policy makers draw appropriate policy measures. The proposed methodology is based on the use of a flexible translog functional form. Results indicate that technical efficiency of production in citrus producing farms investigated ranges from a minimum of 11.19% to a maximum of 96.82% with an average technical efficiency estimate of 49.97%. This suggests that citrus producers may increase their production by as much as 50.03% through more efficient use of production inputs. Furthermore, the production is characterized by increasing returns to scale, which on average was 1.057. Finally, investigation of the sources of production growth reveals that the contribution of total factor productivity is found to be the main source of that growth.展开更多
Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and m...Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and market opening. We have arrived at these findings: market opening spurs entry and exit of large numbers of non-state-owned enterprises (non-SOEs) and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors 'productivity.展开更多
This paper studies the total factor productivity (TFP) of banks in Malaysia with the emphasis on comparing the relative productivities of Islamic and Conventional banks. The Malmquist index approach is used to decom...This paper studies the total factor productivity (TFP) of banks in Malaysia with the emphasis on comparing the relative productivities of Islamic and Conventional banks. The Malmquist index approach is used to decompose productivity growth into technical efficiency and technological change. The productivity growth is measured and decomposed into technical change and efficiency change. The efficiency change is further decomposed into pure efficiency change and scale efficiency. It is found that Islamic banks' productivity growth is limited by its lack of technological change compared to its conventional counterparts. Nonetheless, both types of banks are operating at the correct level in terms of scale or size.展开更多
This paper estimates and decomposes the output-oriented three-stage cost Malmquist productivity index of the Taiwan Residents biotech and biopharmaceutical (B&BP) industry in 2004-2007 periods. The empirical estima...This paper estimates and decomposes the output-oriented three-stage cost Malmquist productivity index of the Taiwan Residents biotech and biopharmaceutical (B&BP) industry in 2004-2007 periods. The empirical estimations proceed in three stages. Following the methodology of Yang and Huang (2009) with the assumption of variable return to scale (VRS) in the first stage, the original cost Malmquist productivity index (CM) is decomposed into five sources of productivity change: pure technical efficiency change, technical change, allocative efficiency change (AEC), input-price effect, and cost scale efficiency change. The method of Yang and Huang (2009) is an excellent contribution, but it did not deal with the exogenous environmental variables and noises. In the second stage, the original input variables are adjusted by the exogenous environmental variables. Finally, adjusted input variables produced by the second stage are reused for obtaining the reality of CM in the third stage.展开更多
This paper builds a stochastic frontier educational production function model, estimating the primary educational productivity with annual data of 31 provinces from 2007 to 2011. The conclusions are as follows: (1)...This paper builds a stochastic frontier educational production function model, estimating the primary educational productivity with annual data of 31 provinces from 2007 to 2011. The conclusions are as follows: (1) in educational production function, output elasticity of public educational expenditure exceeds private educational expenditure's. The degrees of contribution of public and private educational expenditure reflect that China should increase public educational expenditure. (2) regional educational technical efficiency is affected by both structure of educational expenditure and levels of regional economic growth. Primary educational technical efficiency of east, middle and west regions all tended to fall down during 2007 to 2011.展开更多
文摘The study measures productive efficiency of tomato growers in village Akbarpura of Disctrict Nowshera in Khyber Pakhtunkhwa (KPK) province of Northern Pakistan. The study uses household level data collected in summer 2010 from sample farmers selected by multi-staged sampling. The study uses a theoretical framework to measure productive efficiency and estimates the Cobb-Douglas frontier production and cost models. The study found that technical efficiency indices varied significantly, with technical efficiency index averaging at 65%. The indices of allocative efficiency also varied widely, with an average of 56%. There was a wide gap between the highest and lowest economic efficiency indices, with a mean economic efficiency of 35%. The study concluded that farmer education, extension visits, age and access to credit contributed significantly and positively to productive efficiencies. A policy implication of this study is that there is enough potential for farmers to increase tomato production and net profits. The study recommends that the government should further invest in public education and strengthen extension services farmer education and because extension visits constituted important determinants of productive efficiencies.
文摘Abstract: The aim of this paper is to investigate the relative contribution of technical efficiency, technological change and increased input use to the output growth of the Tunisian citrus growing farms using a stochastic frontier production function approach applied to panel data for the period 2003-2005. Knowledge of the relative contribution of factors productivity and input use to output growth and improvements in technical efficiency is crucial to provide a comprehensive view of the state of the citrus producing sector in the country and help farm managers and policy makers draw appropriate policy measures. The proposed methodology is based on the use of a flexible translog functional form. Results indicate that technical efficiency of production in citrus producing farms investigated ranges from a minimum of 11.19% to a maximum of 96.82% with an average technical efficiency estimate of 49.97%. This suggests that citrus producers may increase their production by as much as 50.03% through more efficient use of production inputs. Furthermore, the production is characterized by increasing returns to scale, which on average was 1.057. Finally, investigation of the sources of production growth reveals that the contribution of total factor productivity is found to be the main source of that growth.
文摘Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and market opening. We have arrived at these findings: market opening spurs entry and exit of large numbers of non-state-owned enterprises (non-SOEs) and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors 'productivity.
文摘This paper studies the total factor productivity (TFP) of banks in Malaysia with the emphasis on comparing the relative productivities of Islamic and Conventional banks. The Malmquist index approach is used to decompose productivity growth into technical efficiency and technological change. The productivity growth is measured and decomposed into technical change and efficiency change. The efficiency change is further decomposed into pure efficiency change and scale efficiency. It is found that Islamic banks' productivity growth is limited by its lack of technological change compared to its conventional counterparts. Nonetheless, both types of banks are operating at the correct level in terms of scale or size.
文摘This paper estimates and decomposes the output-oriented three-stage cost Malmquist productivity index of the Taiwan Residents biotech and biopharmaceutical (B&BP) industry in 2004-2007 periods. The empirical estimations proceed in three stages. Following the methodology of Yang and Huang (2009) with the assumption of variable return to scale (VRS) in the first stage, the original cost Malmquist productivity index (CM) is decomposed into five sources of productivity change: pure technical efficiency change, technical change, allocative efficiency change (AEC), input-price effect, and cost scale efficiency change. The method of Yang and Huang (2009) is an excellent contribution, but it did not deal with the exogenous environmental variables and noises. In the second stage, the original input variables are adjusted by the exogenous environmental variables. Finally, adjusted input variables produced by the second stage are reused for obtaining the reality of CM in the third stage.
文摘This paper builds a stochastic frontier educational production function model, estimating the primary educational productivity with annual data of 31 provinces from 2007 to 2011. The conclusions are as follows: (1) in educational production function, output elasticity of public educational expenditure exceeds private educational expenditure's. The degrees of contribution of public and private educational expenditure reflect that China should increase public educational expenditure. (2) regional educational technical efficiency is affected by both structure of educational expenditure and levels of regional economic growth. Primary educational technical efficiency of east, middle and west regions all tended to fall down during 2007 to 2011.