Technical Efficiency-Minimum Absolute Deviation and Corrected Least Squares Methods of Estimation
Author & Affiliation:
K. SREENIVASULU
Lecturer, Dept. of Statistics, Sri Sarvodaya College, Nellore, AP (India)
C. SUBBA RAMI REDDY
Professor, Dept. of Statistics, S.V.University, Tirupati (India)
Keyword:
Decision Making Unit, Technical Efficiency, Cobb-Douglas Frontier production function, Mathematics Subject Classification: 62F15, 62G07, 62-07.
Issue Date:
June 2018
Abstract:
In this paper we propose Minimum Absolute Deviation (MAD) And Corrected Least Square (CLS) Methods of Estimation to Measure Technical Efficiency of Cobb-Douglas Frontier Production Function as a Linear Programming Problem, which can be extended with comfortable ease, to any Parametric Frontier Production Function.
Pages:
301-309
ISSN:
2319-8044 (Online) - 2231-346X (Print)
Source:
DOI:
http://dx.doi.org/10.22147/jusps-A/300602
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Copy the following to cite this article:
K. Sreenivasulu; C. S. R. Reddy, "Technical Efficiency-Minimum Absolute Deviation and Corrected Least Squares Methods of Estimation", Journal of Ultra Scientist of Physical Sciences, Volume 30, Issue 6, Page Number 301-309, 2018Copy the following to cite this URL:
K. Sreenivasulu; C. S. R. Reddy, "Technical Efficiency-Minimum Absolute Deviation and Corrected Least Squares Methods of Estimation", Journal of Ultra Scientist of Physical Sciences, Volume 30, Issue 6, Page Number 301-309, 2018Available from: https://www.ultrascientist.org/paper/1476/technical-efficiency-minimum-absolute-deviation-and-corrected-least-squares-methods-of-estimation
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