Technical Efficiency Analysis of State-owned Enterprises using Popular Estimation Methods for Stochastic Frontier Models
نویسندگان
چکیده
Technical efficiency (TE) is an important indicator to examine the performance of enterprise. This paper applies most popular stochastic frontier (SF) production functions estimate TE index for state-owned enterprises (SOEs) over period 2010–2019. The results show that mean scores increased 2010–2015, then decreased gradually in 2016–2019. Moreover, analysis by industry sectors also indicate chemical manufacturing has highest scores. Meanwhile, automotive and equipment industries have lowest technical efficiency, difference between these two up 10%. makes some recommendations policy makers improve firms.
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ژورنال
عنوان ژورنال: Journal of Asian Business and Economic Studies
سال: 2022
ISSN: ['2615-9112']
DOI: https://doi.org/10.24311/jabes/2022.33.08.02