This study aims to measure the impact of liberalization on the efficiency of electricity production in Japan using Stochastic Frontier Analysis (SFA). In addition, this study also aims to examine whether or not econom...This study aims to measure the impact of liberalization on the efficiency of electricity production in Japan using Stochastic Frontier Analysis (SFA). In addition, this study also aims to examine whether or not economies of scale exist in the electricity generation sector and the transmission sector, and whether or not economies of scope exist between electricity generation and transmission. Since 1995, liberalization of the electricity market in Japan has been phased in and regulations on entry have been relaxed three times. One motivation for these regularity changes has been to improve the efficiency of electricity production by introducing competition. Using a panel data set on the nine main power companies in Japan over the period 1970-2010, estimates of fixed-effects and stochastic frontier models of the cost function are obtained and compared. Estimates of the cost function show that liberalization has improved cost efficiency when both frontier models and non-frontier models are estimated. Estimates of the fixed-effects model are used to calculate economies of scale and economies scope because the data support the fixed-effects model. Economies of scope are found to exist for all nine power companies, while overall economies of scope declined in the 1970s and have improved little by little since the 1980s.展开更多
This study investigated the effect of credit constraints and credit unconstraints on the technical efficiency of hybrid maize growers in the Khyber Pakhtunkhwa Province(KPK) of Pakistan. The primary data were collecte...This study investigated the effect of credit constraints and credit unconstraints on the technical efficiency of hybrid maize growers in the Khyber Pakhtunkhwa Province(KPK) of Pakistan. The primary data were collected by a direct elicitation method from 510 maize growers of KPK Province. Stochastic frontier model techniques were used for technical efficiency analyses. The results revealed that the mean technical efficiency difference between the two groups was 10.2%. The results of technical inefficiency effect modeling demonstrated that education of the household head, family size, number of married family members, off-farm income, farming experience, tractor drill, water irrigation through a lined course, certified seed, extension services, household saving variables, and a credit size variable had positive effects on technical efficiency for both credit constrained farmers(CCFs) and credit unconstrained farmers(UCCFs). In addition, age of household head and fragmented land values had negative effects on technical efficiency for both groups. However, the interest rate had positive and negative impacts on the technical efficiency of CCFs and UCCFs, respectively. Our results have significant implications for policies related to land use, interest rate, and banking sector expansion in the rural areas of Pakistan.展开更多
Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the...Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the different methods of estimating multi-output frontier for a specific application. The methods include stochastic distance function frontier, stochastic ray frontier, and data envelopment analysis. The stochastic frontier regressions with and without the inefficiency effects model are also com-pared and tested. The results indicate that there are significant correlations between the results obtained from the alternative estimation methods.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
Demand forecasting is often difficult due to the unobservability of the applicable historical demand series. In this study, the authors propose a demand forecasting method based on stochastic frontier analysis(SFA) mo...Demand forecasting is often difficult due to the unobservability of the applicable historical demand series. In this study, the authors propose a demand forecasting method based on stochastic frontier analysis(SFA) models and a model average technique. First, considering model uncertainty,a set of alternative SFA models with various combinations of explanatory variables and distribution assumptions are constructed to estimate demands. Second, an average estimate from the estimated demand values is obtained using a model average technique. Finally, future demand forecasts are achieved, with the average estimates used as historical observations. An empirical application of air travel demand forecasting is implemented. The results of a forecasting performance comparison show that in addition to its ability to estimate demand, the proposed method outperforms other common methods in terms of forecasting passenger traffic.展开更多
Elevation is one of many components that influence agriculture, and this in turn affects the level of both inputs and outputs of farmers. This article focuses on the productivity and technical efficiency of 100 cocoa ...Elevation is one of many components that influence agriculture, and this in turn affects the level of both inputs and outputs of farmers. This article focuses on the productivity and technical efficiency of 100 cocoa farms using cross-sectional data from areas ranging from 190 to 1021 m above sea level which were classified as low, medium, and high elevation in Davao City, considered as the chocolate capital of the Philippines. Using stochastic frontier analysis, the results showed that the cost of inputs per ha and the number of cocoa trees per ha significantly increase yield. Farms at high elevations were less technically efficient, as this entails lower temperatures and increased rainfall, and cocoa farming in those areas and conditions can be more challenging, especially with changes in farming practices, terrain, and distance to markets. Other significant variables were age of cocoa farms, married farmers, and age of the farmers. Older farms may be more developed, farmers who are married benefit from their spouses being able to readily contribute as farm labor, and lastly, older farmers' inefficiency may likely stem from nonadaptation of newer farming practices. With an average technical efficiency of 0.61, 0.63, and 0.26 in low, medium, and high elevation areas, respectively, farmers therefore have an incentive to improve farm practices and consider topographical variations found in high elevation areas. Recommendations for the improvement of technical efficiency of cocoa farms are better connectivity to markets, enhancing farm practices, and continuation and improvement of government programs on cocoa with an added emphasis on research. For farmers in high elevation areas, mitigating solutions such as sustainable agriculture practices and ecolabelling are key to improving efficiency and minimizing the potential negative impact on upland farming systems. Moreover, such adaptation measures may also contribute to sustainability of cocoa farming in high elevation areas.展开更多
Elevation can affect agricultural outputs,affecting farms’productivity and efficiency.This article identified the significant production inputs influencing productivity and factors influencing technical efficiency(TE...Elevation can affect agricultural outputs,affecting farms’productivity and efficiency.This article identified the significant production inputs influencing productivity and factors influencing technical efficiency(TE)and determined the average TE scores of Robusta coffee farms at varying elevations in Sultan Kudarat,Philippines.Cross-sectional data from the Mahintana Foundation,Inc.using random stratified sampling and power analysis from September 9,2021,to January 13,2022,were used to analyze 604 farms from areas ranging from 0.33 to 1284.18 above mean sea level(amsl),classified as low,medium,and high elevation.Open-Data-Kit-based(ODK)mobile data collection systems were utilized to precisely determine the farms’coordinates and elevation.Using stochastic frontier analysis,results showed that increasing the total fertilizer amount and total trees by 1%significantly increased yield by 0.20%and 0.79%,respectively.Meanwhile,increasing the total land area by 1%,including areas unutilized for coffee farming,decreases total yield by 0.11%.Regarding TE,results showed that TE decreases by approximately 0.58%at high elevations.Meanwhile,increasing net income from coffee farming alone by 1%significantly increases TE by 0.00008%.With an average TE of 0.60,0.77,and 0.63 in low,medium,and high elevations,farms may be incentivized to improve farming practices to increase their TE further.TE improvement recommendations include promoting coffee-agroforestry systems and ecolabelling at medium elevations,such as shade-grown coffee,to promote sustainable production in Robusta coffee farms by assigning a premium to consumers demanding environmental conservation.展开更多
The tourism industry is economically very important.According to the World Travel Tourism Council,in 2019,the tourism industry accounted for a quarter of all new jobs created worldwide,10.3%of all jobs,and 9.6×10...The tourism industry is economically very important.According to the World Travel Tourism Council,in 2019,the tourism industry accounted for a quarter of all new jobs created worldwide,10.3%of all jobs,and 9.6×1012 USD of the global gross domestic product.This study aimed to calculate the tourism efficiency index for different Latin American countries from 2010 to 2021 using data envelopment analysis,which analyzes the relationships between input variables(including the number of employees in the tourism industry and the number of hotel-type establishments)and output variables(including tourism expenditures in other countries and public social expenditures in recreation and culture per capita).Additionally,this study aimed to identify the countries with greater tourism development and the factors that may affect the development of the tourism industry through the stochastic frontier production function.The results of the tourism efficiency index for Central America(including Costa Rica,Dominica,El Salvador,Honduras,Mexico,and Panama)and South America(including Argentina,Brazil,Chile,Colombia,Ecuador,Paraguay,Peru,and Uruguay)exhibited different trends.However,after the global health crisis,the tourism industry recovered,showing new opportunities to promote sustainability.The results of the stochastic frontier production function demonstrated that countries with higher levels of inbound and outbound tourism,contribution of tourism to the economy,natural resources,and literacy rate exhibited more efficient tourism industry,whereas countries with higher pollution levels exhibited less efficient tourism industry.The findings of this study could allow us to formulate suitable public policies to promote tourism,maintain natural resources,and diversify these sectors with more inclusive programmes that can facilitate growth and benefit vulnerable communities.展开更多
文摘This study aims to measure the impact of liberalization on the efficiency of electricity production in Japan using Stochastic Frontier Analysis (SFA). In addition, this study also aims to examine whether or not economies of scale exist in the electricity generation sector and the transmission sector, and whether or not economies of scope exist between electricity generation and transmission. Since 1995, liberalization of the electricity market in Japan has been phased in and regulations on entry have been relaxed three times. One motivation for these regularity changes has been to improve the efficiency of electricity production by introducing competition. Using a panel data set on the nine main power companies in Japan over the period 1970-2010, estimates of fixed-effects and stochastic frontier models of the cost function are obtained and compared. Estimates of the cost function show that liberalization has improved cost efficiency when both frontier models and non-frontier models are estimated. Estimates of the fixed-effects model are used to calculate economies of scale and economies scope because the data support the fixed-effects model. Economies of scope are found to exist for all nine power companies, while overall economies of scope declined in the 1970s and have improved little by little since the 1980s.
基金sponsored by the National Natural Social Science Foundation of China (71573211)
文摘This study investigated the effect of credit constraints and credit unconstraints on the technical efficiency of hybrid maize growers in the Khyber Pakhtunkhwa Province(KPK) of Pakistan. The primary data were collected by a direct elicitation method from 510 maize growers of KPK Province. Stochastic frontier model techniques were used for technical efficiency analyses. The results revealed that the mean technical efficiency difference between the two groups was 10.2%. The results of technical inefficiency effect modeling demonstrated that education of the household head, family size, number of married family members, off-farm income, farming experience, tractor drill, water irrigation through a lined course, certified seed, extension services, household saving variables, and a credit size variable had positive effects on technical efficiency for both credit constrained farmers(CCFs) and credit unconstrained farmers(UCCFs). In addition, age of household head and fragmented land values had negative effects on technical efficiency for both groups. However, the interest rate had positive and negative impacts on the technical efficiency of CCFs and UCCFs, respectively. Our results have significant implications for policies related to land use, interest rate, and banking sector expansion in the rural areas of Pakistan.
文摘Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the different methods of estimating multi-output frontier for a specific application. The methods include stochastic distance function frontier, stochastic ray frontier, and data envelopment analysis. The stochastic frontier regressions with and without the inefficiency effects model are also com-pared and tested. The results indicate that there are significant correlations between the results obtained from the alternative estimation methods.
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.
基金supported by the National Natural Science Foundation of China under Grant Nos.71522004,11471324 and 71631008a Grant from the Ministry of Education of China under Grant No.17YJC910011
文摘Demand forecasting is often difficult due to the unobservability of the applicable historical demand series. In this study, the authors propose a demand forecasting method based on stochastic frontier analysis(SFA) models and a model average technique. First, considering model uncertainty,a set of alternative SFA models with various combinations of explanatory variables and distribution assumptions are constructed to estimate demands. Second, an average estimate from the estimated demand values is obtained using a model average technique. Finally, future demand forecasts are achieved, with the average estimates used as historical observations. An empirical application of air travel demand forecasting is implemented. The results of a forecasting performance comparison show that in addition to its ability to estimate demand, the proposed method outperforms other common methods in terms of forecasting passenger traffic.
文摘Elevation is one of many components that influence agriculture, and this in turn affects the level of both inputs and outputs of farmers. This article focuses on the productivity and technical efficiency of 100 cocoa farms using cross-sectional data from areas ranging from 190 to 1021 m above sea level which were classified as low, medium, and high elevation in Davao City, considered as the chocolate capital of the Philippines. Using stochastic frontier analysis, the results showed that the cost of inputs per ha and the number of cocoa trees per ha significantly increase yield. Farms at high elevations were less technically efficient, as this entails lower temperatures and increased rainfall, and cocoa farming in those areas and conditions can be more challenging, especially with changes in farming practices, terrain, and distance to markets. Other significant variables were age of cocoa farms, married farmers, and age of the farmers. Older farms may be more developed, farmers who are married benefit from their spouses being able to readily contribute as farm labor, and lastly, older farmers' inefficiency may likely stem from nonadaptation of newer farming practices. With an average technical efficiency of 0.61, 0.63, and 0.26 in low, medium, and high elevation areas, respectively, farmers therefore have an incentive to improve farm practices and consider topographical variations found in high elevation areas. Recommendations for the improvement of technical efficiency of cocoa farms are better connectivity to markets, enhancing farm practices, and continuation and improvement of government programs on cocoa with an added emphasis on research. For farmers in high elevation areas, mitigating solutions such as sustainable agriculture practices and ecolabelling are key to improving efficiency and minimizing the potential negative impact on upland farming systems. Moreover, such adaptation measures may also contribute to sustainability of cocoa farming in high elevation areas.
基金the Department of Science and Technology - Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (DOST-PCAARRD) for funding the Agri-Aqua Value Chain Laboratory as a program, which enabled the conduct of this study
文摘Elevation can affect agricultural outputs,affecting farms’productivity and efficiency.This article identified the significant production inputs influencing productivity and factors influencing technical efficiency(TE)and determined the average TE scores of Robusta coffee farms at varying elevations in Sultan Kudarat,Philippines.Cross-sectional data from the Mahintana Foundation,Inc.using random stratified sampling and power analysis from September 9,2021,to January 13,2022,were used to analyze 604 farms from areas ranging from 0.33 to 1284.18 above mean sea level(amsl),classified as low,medium,and high elevation.Open-Data-Kit-based(ODK)mobile data collection systems were utilized to precisely determine the farms’coordinates and elevation.Using stochastic frontier analysis,results showed that increasing the total fertilizer amount and total trees by 1%significantly increased yield by 0.20%and 0.79%,respectively.Meanwhile,increasing the total land area by 1%,including areas unutilized for coffee farming,decreases total yield by 0.11%.Regarding TE,results showed that TE decreases by approximately 0.58%at high elevations.Meanwhile,increasing net income from coffee farming alone by 1%significantly increases TE by 0.00008%.With an average TE of 0.60,0.77,and 0.63 in low,medium,and high elevations,farms may be incentivized to improve farming practices to increase their TE further.TE improvement recommendations include promoting coffee-agroforestry systems and ecolabelling at medium elevations,such as shade-grown coffee,to promote sustainable production in Robusta coffee farms by assigning a premium to consumers demanding environmental conservation.
基金supported in part by the Natour Project Joint Post-Graduate Study Programme in Ecotourism and Nature Guiding(619157-EPP-1-2020-1-ES-EPPKA2-CBHE-JP).
文摘The tourism industry is economically very important.According to the World Travel Tourism Council,in 2019,the tourism industry accounted for a quarter of all new jobs created worldwide,10.3%of all jobs,and 9.6×1012 USD of the global gross domestic product.This study aimed to calculate the tourism efficiency index for different Latin American countries from 2010 to 2021 using data envelopment analysis,which analyzes the relationships between input variables(including the number of employees in the tourism industry and the number of hotel-type establishments)and output variables(including tourism expenditures in other countries and public social expenditures in recreation and culture per capita).Additionally,this study aimed to identify the countries with greater tourism development and the factors that may affect the development of the tourism industry through the stochastic frontier production function.The results of the tourism efficiency index for Central America(including Costa Rica,Dominica,El Salvador,Honduras,Mexico,and Panama)and South America(including Argentina,Brazil,Chile,Colombia,Ecuador,Paraguay,Peru,and Uruguay)exhibited different trends.However,after the global health crisis,the tourism industry recovered,showing new opportunities to promote sustainability.The results of the stochastic frontier production function demonstrated that countries with higher levels of inbound and outbound tourism,contribution of tourism to the economy,natural resources,and literacy rate exhibited more efficient tourism industry,whereas countries with higher pollution levels exhibited less efficient tourism industry.The findings of this study could allow us to formulate suitable public policies to promote tourism,maintain natural resources,and diversify these sectors with more inclusive programmes that can facilitate growth and benefit vulnerable communities.