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A measure of production performance

Kokic, Philip, Chambers, Ray, Breckling, Jens and Beare, Steve (1997) A measure of production performance Journal of Business and Economic Statistics, 4, pp. 419-435.

Record type: Article


Suppose there are data available on the value of business output, as measured by a single variable y and the values of the corresponding inputs x, with the relationship between y and x determined by an appropriately chosen production function. It is shown how M-quantile regression methods can be used to construct a performance measure that allows a meaningful comparison of the production performance of the businesses. The method is illustrated using survey data collected from farm businesses in the pastoral zone of New South Wales and southern Queensland between 1978 and 1987.

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Published date: October 1997
Keywords: m-quantile regression, production function, returns to scale, technical efficiency


Local EPrints ID: 34172
ISSN: 0735-0015
PURE UUID: 25903d98-7dca-4c30-b469-737b3beb64e8

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Date deposited: 19 Dec 2007
Last modified: 17 Jul 2017 15:51

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Author: Philip Kokic
Author: Ray Chambers
Author: Jens Breckling
Author: Steve Beare

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