Purpose: The purpose of this paper is to evaluate the importance of financial liquidity and solvency on US commercial and domestic banks’ cost efficiency while accounting for internal and external factors. Design/methodology/approach: The Stochastic Frontier Analysis and Data Envelopment...

This article estimates quantile regressions of production, cost, and restricted profit functions using a Cobb-Douglas functional form with non-Hicks neutral technology change. In contrast to previous studies, quantile regression estimates reveal the relationship between the independent...

This study was conducted to analyze the direct and indirect effects of ethanol policy on livestock production. Results of the theoretical and empirical model indicate the possibility of ethanol policy affecting livestock production in the United States both directly and indirectly, via the...

The proportion of land values generated by farm program payments and farm returns are examined using an extended income capitalization model. The extended income capitalization model addresses the identification issue introduced by the counter-cyclical nature of farm program payments and farm...

This paper demonstrates the sensitivity of the linear programming approach in the estimation of productivity measures in the primal framework. Specifically, the sensitivity to the number of constraints (level of dis-aggregation) and imposition of returns to scale constraints is evaluated....

This study is conducted (1) to examine the possible link between increased trade openness and technical efficiency in Brazilian agriculture and (2) to contribute to the scholarly debate in the literature by measuring the impact of trade openness on technical efficiency. The analysis is conducted...

This article demonstrates that normality test procedures that include individual detrending of short-term panel data can severely reduce the power of normality tests and strongly bias normality tests in a Type II direction. An alternative error component implicit detrending procedure is...