ON ESTIMATING ALLOCATIVE EFFICIENCY IN CROSS-SECTIONAL ANALYSIS OF PRODUCTION

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dc.creatorAnderson, Jock R.
dc.creatorDillon, John L.
dc.date2017-04-01T19:24:35Z
dc.date.accessioned2026-07-09T03:41:54Z
dc.descriptionIn a recent reappraisal of evidence adduced for allocative efficiency in traditional agriculture, Dillon and Anderson employed a method based on a combination of traditional economic aspects and statistical aspects of estimated production functions. However, their reappraisal involved using marginal rather than the (appropriate) joint distributions of the regression coefficients. This paper investigates the error associated with using the inappropriate marginal distribution in a reassessment of allocative efficiency in wool growing in the Australian pastoral zone.
dc.identifierdoi:10.22004/ag.econ.22983
dc.identifierhttps://ageconsearch.umn.edu/record/22983/files/15030146.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/22983
dc.identifier.urihttp://hdl.handle.net/123456789/538412
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/22983
dc.titleON ESTIMATING ALLOCATIVE EFFICIENCY IN CROSS-SECTIONAL ANALYSIS OF PRODUCTION
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