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dc.contributor.authorJaforullah, Mohammaden_NZ
dc.contributor.authorPremachandra, Erandien_NZ
dc.date.available2011-04-07T03:05:27Z
dc.date.copyright2003-10en_NZ
dc.identifier.citationJaforullah, M., & Premachandra, E. (2003). Sensitivity of technical efficiency estimates to estimation approaches: an investigation using New Zealand dairy industry data (Economics Discussion Papers Series No. 306). University of Otago. Retrieved from http://hdl.handle.net/10523/896en
dc.identifier.urihttp://hdl.handle.net/10523/896
dc.description.abstractUsing data from the New Zealand dairy industry for the year 1993, this paper estimates farm-specific technical efficiencies and mean technical efficiency using three different estimation techniques under both constant returns to scale and variable returns to scale in production. The approaches used are the econometric stochastic production frontier (SPF), corrected ordinary least squares (COLS) and data envelopment analysis (DEA). Mean technical efficiency of the industry is found to be sensitive to the choice of estimation technique. In general, the SPF and DEA frontiers resulted in higher mean technical efficiency estimates than the COLS production frontier.en_NZ
dc.format.mimetypeapplication/pdf
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/DP0306.pdfen_NZ
dc.subjecttechnical efficiencyen_NZ
dc.subjectdairyen_NZ
dc.subjectproduction frontieren_NZ
dc.subjectDEAen_NZ
dc.subjectNew Zealanden_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.titleSensitivity of technical efficiency estimates to estimation approaches: an investigation using New Zealand dairy industry dataen_NZ
dc.typeDiscussion Paperen_NZ
dc.description.versionUnpublisheden_NZ
otago.bitstream.pages23en_NZ
otago.date.accession2006-02-03en_NZ
otago.schoolEconomicsen_NZ
otago.openaccessOpen
otago.place.publicationDunedin, New Zealanden_NZ
dc.identifier.eprints230en_NZ
otago.school.eprintsEconomicsen_NZ
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otago.relation.number306en_NZ
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