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The comparative analysis of the stochastic frontier models is carried out. The model of the production potential of publications volume in dynamics and the one where a scientist’s experience has been taken into account are built. Estimates of the technical production efficiency of a scientist...
Persistent link: https://www.econbiz.de/10009291924
In development of the stochastic frontier methodology we introduce a concept of achievable production potential generalizing that of the frontier production potential. A model of frontier production potential was built taking in account possibilities of management of factors of inefficiency and...
Persistent link: https://www.econbiz.de/10009291927
Developing a concept of stochastic frontier we estimate the expected increase in the production volume achieved as a result of a shift to the achievable production potential. The expected economic effect of an activity of raising production efficiency is forecast. The distribution of the...
Persistent link: https://www.econbiz.de/10009018546