Technical Efficiency of Manufacturing Enterprises in Libya: A Stochastic Frontier Analysis | Zendy

Hodud Essmui | Zendy; Madeline Berma | Zendy; Faridah Bt. Shahadan | Zendy; Shamshubarida Bt. Ramlee | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Technical Efficiency of Manufacturing Enterprises in Libya: A Stochastic Frontier Analysis

Author(s) -

Hodud Essmui,

Madeline Berma,

Faridah Bt. Shahadan,

Shamshubarida Bt. Ramlee

Publication year - 2013

Publication title -

international journal of management and information technology

Language(s) - English

Resource type - Journals

ISSN - 2278-5612

DOI - 10.24297/ijmit.v5i2.4445

Subject(s) - frontier , production (economics) , stochastic frontier analysis , industrial organization , production–possibility frontier , function (biology) , econometric analysis , econometrics , business , manufacturing , econometric model , economics , microeconomics , marketing , archaeology , evolutionary biology , biology , history

This paper examines the performance of manufacturing firms in Libya. Specifically, it evaluates firm level technical efficiency. The paper uses an econometric approach based on a stochastic frontier production function to analyze 207 firms from survey conducted from March to May 2013. The results from estimations reveal that technical efficiencies of Libyan manufacturing firms ranging from 37.77 percent to 95.27 percent, with an average of 71.27 percent. While, the percent of firms that considered technically efficient is only 17.87 percent of the total firms.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research