HOW TO INTERPRET AND ANALYSE STOCHASTIC COST FRONTIER- FRONTIER 4.1

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  • Опубликовано: 15 сен 2024
  • HOW TO INTERPRET AND ANALYSE STOCHASTIC COST FRONTIER- FRONTIER 4.1 - ECONOMIC EFFICIENCY, INEFFICIENCY MODEL

Комментарии • 44

  • @ogechilynda3333
    @ogechilynda3333 Год назад

    Thank you for this lecture, very enlightening. Please what is the interpretation, if the elasticity of gender is negative under the inefficiency model?

  • @josecnlv2903
    @josecnlv2903 2 года назад

    Dr. Shobha thank you for your explanatation. I have a question. You said that the most cost efficient firm will have a value of 1 in cost efficiency. However, according with your results, the cost efficiency score ranged from 1.05 to 1.34.
    The values above than 1 are cost efficiency or cost inefficiency? I mean, imagine the case that you have 1.3 and 1.5. The value of 1.5 in cost efficiency firm is more efficient than the value of 1.3?
    Than you.
    J

  • @sibanideka7827
    @sibanideka7827 4 года назад

    Thank you maam for uploading the vedio.. It will help me.. However one thing i need to be sure is that whether i need to to hateroscadasticity test before running the model?

  • @badamasisuleiman6232
    @badamasisuleiman6232 10 месяцев назад

    Thanks for this explicit explanation, pls how do go about economic efficiency. That’s my only worry now
    Thanks

  • @tesfamariamgebremariam449
    @tesfamariamgebremariam449 7 месяцев назад

    Good morning Dr. Your commitment and dedication to share your knowledge is appreciated most. Thank so much. I am working a paper and applied this model and application. but when i try to run the frontier, it disappears. how can i solve such problem? My data is panel, having multiple outputs.

    • @dr.shobhak6764
      @dr.shobhak6764  7 месяцев назад

      Slightest mistake will lead to this. Carefully go through the video

    • @tesfamariamgebremariam449
      @tesfamariamgebremariam449 7 месяцев назад

      @@dr.shobhak6764: of course I understand, even before I decided my research thesis, I was watching you lecturer video multiple times and selected and engaged in efficiency measurement of commercial banks. My confusion is: MY data is panel data, the instruction files showed on the video are cross-sectional; second: I have multiple outputs whereas on your video single output. that's make me a bit confusion, otherwise your interpretation is so enlightening and amazing. Thank you

    • @tesfamariamgebremariam449
      @tesfamariamgebremariam449 7 месяцев назад

      Plus: I have three inputs and three outputs, six explanatory variables as well. May have to add the explanatory variable with the input-output column? on the video: i observed 3-inputs, 1-output and two explanatory variables (Edu & age). so, may have to put in respective column?

  • @abditumurih.8553
    @abditumurih.8553 2 года назад

    MAM. I'm Going in a good way to estimate the technical efficiency or inefficiency of smallholder farmers of maize producers by following your video. I would like to say thank you again for your immediate response to my question. again today, when I regressed my data by frontier: how I can make it probability distribution; truncated, half-normal or exponential. transforming dummy variables from1, and 0 to 2, and 3 might have an impact on my result? thank you with respect

    • @dr.shobhak6764
      @dr.shobhak6764  2 года назад +1

      While alloting dummy variable note one point ..illiterate...1 primary..2..high-school. So allotment should be based on hierarchy. In case of gender it's left to the researcher

    • @abditumurih.8553
      @abditumurih.8553 2 года назад +1

      @@dr.shobhak6764 very understood!! thank you from my heart!

  • @belayabmulugeta1517
    @belayabmulugeta1517 2 года назад

    Hello sari fine i want to ask ,please could you help me by giving how to estimate allocative efficiency or command at frontier

  • @souleymanekane8911
    @souleymanekane8911 9 месяцев назад

    Bonjour Dr vos efficiences-coûts sont entre 1,05 et 1,34
    Comment interpréter ca?
    Est-ce possible d'avoir une efficiences-coûts supérieur à 1 ou 100% ?
    A 100% , elle est efficiente
    A 134% , elle est ....... quoi ??

  • @Wilson-oj2ee
    @Wilson-oj2ee 4 года назад +2

    Sorry, may I ask doctor, I tried following your steps in the Frontier 4.1, however the output file didn't appear. Can you determine why? Thankyou

    • @leonardd987
      @leonardd987 4 года назад

      Yes me too doctor, can you help? Thank you ^.^

    • @dr.shobhak6764
      @dr.shobhak6764  4 года назад +1

      Either you would have typed the variable name. It should contain only numbers

    • @Wilson-oj2ee
      @Wilson-oj2ee 4 года назад +1

      @@dr.shobhak6764 okay thankyou doctor 👍

    • @sibanideka7827
      @sibanideka7827 4 года назад

      Whether i need to perform heteroscadasticity test before running the model? Maam please help me in this regard.

    • @dr.shobhak6764
      @dr.shobhak6764  4 года назад +1

      @@sibanideka7827 only when none of the variable is significant then you have to cross verify

  • @abditumurih.8553
    @abditumurih.8553 2 года назад

    Madam! how do you do? I'm really amazed with your lecturers. wawu. by following your steps, when I attempted to estimate by frontier 41. after giving all instruction programs but there is no result given to me .what is the case of this my dear dr

    • @dr.shobhak6764
      @dr.shobhak6764  2 года назад +1

      Maybe you might have negative or zero as a value or a slightest mistake.

    • @abditumurih.8553
      @abditumurih.8553 2 года назад

      @@dr.shobhak6764 waa.ok..if so yes,i have a value zero and negative.i will correct it. thank you dr from my heart!

  • @indriaramadhani
    @indriaramadhani 3 года назад

    Thank you mam this is so helpful for me. What kind of book that you use for running frontier 4.1 and interpreting it?
    I need references for my thesis

    • @dr.shobhak6764
      @dr.shobhak6764  3 года назад

      Check the manual

    • @indriaramadhani
      @indriaramadhani 3 года назад

      @@dr.shobhak6764 thanks mam for the answer. Before i running the data in sfa equation should i do classical assumption like autocorrelation, normality, etc?
      I really confused about it

    • @dr.shobhak6764
      @dr.shobhak6764  3 года назад

      Do normality test first. This is done to check outliers. Later after getting the results test the residuals for serial correlation and so on

  • @hitzzzwhorld
    @hitzzzwhorld 4 года назад

    May I ask, isnt efficiency score should be from range 0 to 1?

    • @dr.shobhak6764
      @dr.shobhak6764  4 года назад

      You are correct. If the firm is super efficient then it can have a score of more than 1

    • @hitzzzwhorld
      @hitzzzwhorld 4 года назад

      Dr. SHOBHA K ooo i see , thank you doctor, what about negative efficiency in production function? Is that possible?

    • @dr.shobhak6764
      @dr.shobhak6764  4 года назад

      @@hitzzzwhorld I haven't come across such situation. If it is then it would be most inefficient

    • @segehood9798
      @segehood9798 Год назад

      @@dr.shobhak6764 Thanks for the lecture doc, but concerning cost efficiency been above 1, isn’t it expected that cost efficiency should always be 1 and above since economic efficiency ranges between 0 and 1 and economic efficiency is the inverse of cost efficiency?

  • @anjalikanyal7039
    @anjalikanyal7039 Год назад

    Ma'am output file is not showing what to do

    • @dr.shobhak6764
      @dr.shobhak6764  Год назад

      The slightest mistake is enough. Go through the video carefully and do it

    • @anjalikanyal7039
      @anjalikanyal7039 Год назад

      @@dr.shobhak6764 yes ma'am I did but not working. Ma'am plz help me out i have to submit report on monday. Plz share your email ID also so I can contact you

  • @lamialaalem5037
    @lamialaalem5037 3 года назад

    please Dr shobha, can you give me your e-mail , l have some quetion for cost and profit efficiency by using frontier.4.1?

  • @adil.elmacademy
    @adil.elmacademy 3 месяца назад

    mam kindly share your email...