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Using data simulated from a random production function it is shown that technical efficiency estimates computed by Data Envelopment Analysis are biased even if the exact aggregator function is used to aggregate inputs.
Persistent link: https://www.econbiz.de/10009195874
The return to operator's labour and management in sole proprietorship firms and partnership firms is compared using matching samples to determine if multi-managed firms produce greater returns. Data were obtained from a farm business management program for the years 1998 through 2001. Managers...
Persistent link: https://www.econbiz.de/10010953811