• DERIVATION OF NORMAL – EXPONENTIAL MODEL FOR STOCHASTIC COST FRONTIER ANALYSIS

SHAMEENA. H. KHAN*, MARY LOUIS. L

Abstract


Stochastic Frontier Analysis in term of cost means to produce a specified level of output in a minimal possible manner. This paper provides detailed steps on the estimation of Normal Exponential model for the estimation of stochastic cost frontier. Stochastic Cost Frontier plays a major role in the estimation of Cost Efficiency Scores in the field of..........

Keywords


Stochastic Frontier Analysis, Stochastic cost frontier, Cost efficiency Scores, Normal Exponential distribution, Cost efficiency scores, Maximum likelihood.

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