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Efficiency Measurement with the Weibull Stochastic Frontier*
Efthymios G. Tsionas (Athens University of Economics and Business)
Oxford Bulletin of Economics and Statistics
DOI: 10.1111/j.1468-0084.2007.00475.x (Decision Sciences)
License: not stated (all rights reserved)
Abstract: Abstract In this paper we consider the Weibull distribution as a model for technical efficiency. The distribution has a shape and scale parameter like the gamma distribution and can be a reasonable competitor in practice. The techniques are illustrated using artificial data as well as a panel of Spanish dairy farms.
Published on 04 Jul. 2007