Article ID Journal Published Year Pages File Type
7355917 Investigación Económica 2015 28 Pages PDF
Abstract
The document estimates simultaneously a model of stochastic production frontier and a model of technical inefficiency for 25 Mexican manufacturing industries from 1985 to 2009. It was determined the relevance of inputs in the aggregated value, the variables of inefficiency, the levels of efficiency en each industry, groups of efficient industries, and the profiles of the industries. The results show that human capital, unqualified personnel and capital boost efficiency, while labor productivity and market power tend to reduce technical inefficiency. Among policy measure aimed to achieve the “best practice” are adequate input provision, access to domestic and international markets, credit facilities and employees training programs.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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