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Provedor de dados:  AgEcon
País:  United States
Título:  Black-Box Frontiers and Implications for Development Policy – Theoretical Considerations
Autores:  Sauer, Johannes
Frohberg, Klaus
Hockmann, Heinrich
Data:  2004-12-10
Ano:  2004
Palavras-chave:  International Development
Research and Development/Tech Change/Emerging Technologies
Resumo:  The availability of efficiency estimation software – freely distributed via the internet and relatively easy to use – recently inflated the number of corresponding applications. The resulting efficiency estimates are used without a critical assessment with respect to the literature on theoretical consistency, flexibility and the choice of the appropriate functional form. The robustness of policy suggestions based on inferences from efficiency measures nevertheless crucially depends on theoretically well-founded estimates. This paper addresses stochastic efficiency measurement by critically reviewing the theoretical consistency of recently published technical efficiency estimates with respect to economic development. The results confirm the need for a posteriori checking the regularity of the estimated frontier by the researcher and, if necessary, the a priori imposition of the theoretical requirements.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  15454

http://purl.umn.edu/18772
Editor:  AgEcon Search
Relação:  University of Bonn>Center for Development Research (ZEF)>Discussion Papers
ZEF – Discussion Papers on Development Policy Nr. 92
Formato:  38

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