Parametric Decomposition of Output Growth Using A Stochastic Input Distance Function
提出一种方法,在多产出环境下分解全要素生产率变化的来源,包括技术变化、技术效率、配置效率变化和规模效应,并基于英国121家畜牧农场1983-92年的数据进行了实证分析。
This article proposes a tractable approach for analyzing the sources of TFP changes (i.e., technical change, changes in technical and allocative inefficiency, and the scale effect) in a multi‐output setting, while retaining the single‐equation nature of the econometric procedure used to estimate the parameters of the underlying technology. The proposed approach relies on Bauer's cost function‐based decomposition of TFP changes and the duality between input distance and cost functions. The empirical results are based on a sample of 121 UK livestock farms observed over the period 1983–92 and a translog input distance function.