Introduction Agricultural insurance is crucial to reducing financial exposures and vulnerabilities, managing the production risks of poultry farmers while also hunger levels. Unfortunately, it has not been effective in developing countries, like Nigeria. Methods This study examined outcome agricultural use on egg output efficiency Oyo State, The multistage sampling technique was adopted select ...

1 This paper presents an empirical comparison of the following approaches to estimate annual 2 mileage budgets for multiple discrete-continuous extreme value (MDCEV) models of household 3 vehicle ownership and utilization: (1) The log-linear regression approach to model observed total 4 annual household vehicle miles traveled (AH-VMT), (2) The stochastic frontier regression 5 approach to model ...

Despite remaining the most important type of animal production, pig production in Poland and Hungary declined after their accession to European Union (EU) 2004. This paper investigated evolution technical efficiency pork industry both countries. We applied stochastic frontier analysis, which takes into account heterogeneity environment functions countries—true random effects, a metafrontier mod...

Received analyses based on stochastic frontier modeling with panel data have relied primarily on results from traditional linear fixed and random effects models. This paper examines extensions of these models that circumvent two important shortcomings of the existing fixed and random effects approaches. The conventional panel data stochastic frontier estimators both assume that technical or cos...

This dissertation applies the Bayesian approach as a method to improve the estimation efficiency of existing econometric tools. The first chapter suggests the Continuous Choice Bayesian (CCB) estimator which combines the Bayesian approach with the Continuous Choice (CC) estimator suggested by Imai and Keane (2004). Using simulation study, I provide two important findings. First, the CC estimato...

In the standard stochastic frontier model with sample selection, the two components of the error term are assumed to be independent, and the joint distribution of the unobservable in the selection equation and the symmetric error term in the stochastic frontier equation is assumed to be bivariate normal. In this paper, we relax these assumptions by using two copula functions to model the depend...

The conventional Cobb-Douglas production function model require strong assumptions such as the constant elasticity and the entire frontier efficiency. The varying elasticity production function is an useful extension but it does not take frontier efficiency into account, and the data envelope analysis model involves the use of linear programming methods to estimate the frontier efficiency where...