scholarly journals EFFICIENCY OF LISTED MANUFACTURING FIRMS IN JORDAN: A STOCHASTIC FRONTIER ANALYSIS

2020 ◽  
Vol 10 (6) ◽  
pp. 5-9
Author(s):  
Lamees Al-Durgham ◽  
Mohammad Adeinat



2021 ◽  
Vol 50 (8) ◽  
pp. 2445-2453
Author(s):  
Ammar Fikree Mohamed Jofree ◽  
Norayati Hashim ◽  
Fahmy-Abdullah Mohd ◽  
Wei Sieng Lai ◽  
Sulhi Ridzuan

This paper aims to analyze the level of technical efficiency and determinants of technical inefficiency of transport manufacturing firms in Malaysia using Stochastic Frontier Analysis (SFA) approach from 2005 to 2010. Through SFA approach, hypothesis test is conducted in order to select Cobb-Douglas or Translog production function and testing the effects of technical inefficiencies. While the determining factors that been taken into account include the capital-labor ratio, training expenses, education level ratio, wage rate, information and communication technology expenditure, and firm size. Hypothesis test results show that the Cobb-Douglas production function is rejected. While the test for the effect of technical inefficiency shows its existence. Training expenses, secondary and tertiary education level ratios, wage rates and information and communication technology expenses are significant determinants for transportation manufacturing firms. However, the capital-labor ratio was found that it has reduced the level of technical efficiency. The implications of these results show that firms need to focus on investing in human capital, information technology and increase motivation among employees such as rising wage rates and reducing the use of capital appropriate to the technology.



2013 ◽  
Vol 5 (2) ◽  
pp. 528-535
Author(s):  
Hodud Essmui ◽  
Madeline Berma ◽  
Faridah Bt. Shahadan ◽  
Shamshubarida Bt. Ramlee

This paper examines the performance of manufacturing firms in Libya. Specifically, it evaluates firm level technical efficiency. The paper uses an econometric approach based on a stochastic frontier production function to analyze 207 firms from survey conducted from March to May 2013. The results from estimations reveal that technical efficiencies of Libyan manufacturing firms ranging from 37.77 percent to 95.27 percent, with an average of 71.27 percent. While, the percent of firms that considered technically efficient is only 17.87 percent of the total firms.



Author(s):  
Subal C. Kumbhakar ◽  
C. A. Knox Lovell




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