Applications of Modern Production Theory: Efficiency and by C. A. Knox Lovell, Peter Schmidt (auth.), Ali Dogramaci,

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By C. A. Knox Lovell, Peter Schmidt (auth.), Ali Dogramaci, Rolf Färe (eds.)

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Among the more useful comparative analyses are those of Banker, Charnes, Cooper and Maindiratta (1987); Banker, Conrad, and Strauss (1985); Bowlin, Charnes, Cooper, and Sherman (1985); Corbo and De Melo (1983); and van den Broeck, Forsund, Hjalmarsson, and Meeusen (1980). The results of these studies vary widely, so much so as to provide scant guidance. The main message that emerges from these studies is that more work is called for. Notes \. An excellent exposition of duality theory is provided by Diewert (1982).

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Jamison, D. , and L. 1. Lau. 1982. Farmer Education and Farm Efficiency. Baltimore: Johns Hopkins University Press. , C. A. K. Lovell, I. S. Materov, and P. Schmidt. 1982. " Journal of Econometrics 19 (August): 233-238. Koopmans, T. C. 1951. "An Analysis of Production as an Efficient Combination of Activities," in T. C. ), Activity Analysis ofProduction and Allocation. Cowles Commission for Research in Economics, Monograph No. 13. New York: Wiley. Kopp, R. 1981 a. " Quarterly Journal of Economics 96(3): 477-503.

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