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Analysis of the technical efficiency of state rubber farms in Vietnam
Author(s) -
Son Tran Vo Hung,
Coelli Tim,
Fleming Euan
Publication year - 1993
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/j.1574-0862.1993.tb00267.x
Subject(s) - frontier , vietnamese , production (economics) , natural rubber , government (linguistics) , distribution (mathematics) , stochastic frontier analysis , work (physics) , economics , production–possibility frontier , state (computer science) , function (biology) , agricultural economics , engineering , mathematics , macroeconomics , geography , mechanical engineering , mathematical analysis , philosophy , linguistics , chemistry , archaeology , organic chemistry , algorithm , evolutionary biology , biology
This study entails an analysis of the technical efficiency of natural rubber production by state farms in Vietnam. A time‐varying stochastic frontier production function model for unbalanced data is estimated for 33 farms. Individual farm technical efficiencies are reported and discussed. One of the main results concerns the bimodal distribution of technical efficiency indices. A few farms operate near the production frontier while the bulk operate well away from the frontier. Some implications are drawn from the results as a guide to future policy research work in the rubber industry in light of recent moves by the Vietnamese government towards economic reform.