Efficiency Measurement with the Weibull Stochastic Frontier*

Efthymios G. Tsionas

42 citations0/0 files storedOxford Bulletin of Economics and Statistics

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Efficiency Analysis Using DEA Agricultural economics and policies Statistical Distribution Estimation and Applications

Abstract

Abstract In this paper we consider the Weibull distribution as a model for technical efficiency. The distribution has a shape and scale parameter like the gamma distribution and can be a reasonable competitor in practice. The techniques are illustrated using artificial data as well as a panel of Spanish dairy farms.

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References

1977Formulation and estimation of stochastic frontier production function models 1977Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error 2000Stochastic Frontier Analysis 1992Frontier production functions, technical efficiency and panel data: With application to paddy farmers in India 1980Likelihood functions for generalized stochastic frontier estimation 1990A Gamma-distributed stochastic frontier model 1994Stochastic frontier models 1997Bayesian efficiency analysis through individual effects: Hospital cost frontiers

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