A stochastic frontier approach to firm level efficiency, technological change, and productivity during the early transition in Hungary

Article Abstract:

Research is presented describing the methods used to determine Hungarian agricultural and light manufacturing firms' inefficiency levels related to the employment of new technology.

Administration of General Economic Programs, Economic Statistics & Research, Research, Measurement, Hungary, Economic conditions, Industrial efficiency, Economic efficiency, Comparative economics

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The changing role of grain cooperatives in the transition to competitive markets in South Africa

Article Abstract:

Using stochastic methods the impact of deregulation on South African grain cooperatives is examined. The data envelopment analysis shows that removal of subsidies and increase in competition has had a positive effect on the efficiencies of the market.

Legal issues & crime, Government regulation (cont), Government expenditures, Forecasts, trends, outlooks, Government regulation, South Africa, Legal/Government Regulation, Analysis, Usage, Laws, regulations and rules, Forecasts and trends, Economic policy, Market trend/market analysis, Data envelopment analysis, Deregulation, Stochastic processes, Commodity markets

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Efficiency and ownership in Slovene dairying: a comparison of econometric and programming techniques

Article Abstract:

Productive growth and efficiency of dairy farms and cooperatives in Slovenia is significantly affected by farm size rather their form of ownership. Data from four cooperatives and twelve private dairy farms from 1974 to 1990, which are analyzed using econometric and programming approaches, indicate that while productive growth among more technically efficient private farms is higher, cooperatives have higher productive efficiency because they can employ economies of scale. It is suggested that enlarging private farms could make them more viable and efficient.

Dairy Products, Dairy Product Manufacturing, Production management, Economic aspects, Slovenia, Dairy farming, Cooperatives, Cooperatives (Associations)

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