This paper investigates the technical efficiency of selected manufacturing industries of Bangladesh using a stochastic frontier production function approach suggested by Battese and Coelli (1992) applied to panel data. A feasible Cobb-Douglas stochastic frontier production function, which has...

In this article, industrial growth of some manufacturing industries in Bangladesh has been studied using Census of Manufacturing Industries (CMI) Data from the years 1981–82 to 1999–2000. Higher increasing growth in value added for some industries in the post-liberalization period...

Abstract This study considers a stochastic control model in which an economic unit has productive capital and liabilities in the form of debt. The worth of capital changes over time through investment and random Brownian fluctuations in the unit price of capital. Income from production is also...