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

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..........