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The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.

This study attempts to measure the status of technical efficiency of food industry in Malaysia using the stochastic frontier model. In an economic where recourses are scarce and opportunities for a new technology are lacking, efficiency studies will be able to show the possibility of raising product...

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Main Authors: Radam, Alias, Yacob, Mohd Rusli, Kamarulzaman Shah, Saidatul Asima
Format: Article
Language:English
English
Published: 2008
Online Access:http://psasir.upm.edu.my/id/eprint/17352/1/The%20technical%20efficiency%20of%20food%20industry%20in%20Malaysia.pdf
http://psasir.upm.edu.my/id/eprint/17352/
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spelling my.upm.eprints.173522015-10-29T23:45:02Z http://psasir.upm.edu.my/id/eprint/17352/ The technical efficiency of food industry in Malaysia : an application of stochastic frontier model. Radam, Alias Yacob, Mohd Rusli Kamarulzaman Shah, Saidatul Asima This study attempts to measure the status of technical efficiency of food industry in Malaysia using the stochastic frontier model. In an economic where recourses are scarce and opportunities for a new technology are lacking, efficiency studies will be able to show the possibility of raising productivity by improving the industry’s efficiency. The estimated extent of inefficiency can help firms to decide whether to improve efficiency or to develop or adopt new technologies in order to raise the productivity. The computed technical efficiency indices show that the sampled of food industry under study were highly technical inefficient, with an average efficiency ratio of 0.688. Therefore, the results indicated that there is a great potential exists for food industry to further increase the value added using the available input and technology. 2008 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/17352/1/The%20technical%20efficiency%20of%20food%20industry%20in%20Malaysia.pdf Radam, Alias and Yacob, Mohd Rusli and Kamarulzaman Shah, Saidatul Asima (2008) The technical efficiency of food industry in Malaysia : an application of stochastic frontier model. International Applied Economics and Management Letters, 1 (1). pp. 19-23. English
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
English
description This study attempts to measure the status of technical efficiency of food industry in Malaysia using the stochastic frontier model. In an economic where recourses are scarce and opportunities for a new technology are lacking, efficiency studies will be able to show the possibility of raising productivity by improving the industry’s efficiency. The estimated extent of inefficiency can help firms to decide whether to improve efficiency or to develop or adopt new technologies in order to raise the productivity. The computed technical efficiency indices show that the sampled of food industry under study were highly technical inefficient, with an average efficiency ratio of 0.688. Therefore, the results indicated that there is a great potential exists for food industry to further increase the value added using the available input and technology.
format Article
author Radam, Alias
Yacob, Mohd Rusli
Kamarulzaman Shah, Saidatul Asima
spellingShingle Radam, Alias
Yacob, Mohd Rusli
Kamarulzaman Shah, Saidatul Asima
The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
author_facet Radam, Alias
Yacob, Mohd Rusli
Kamarulzaman Shah, Saidatul Asima
author_sort Radam, Alias
title The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
title_short The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
title_full The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
title_fullStr The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
title_full_unstemmed The technical efficiency of food industry in Malaysia : an application of stochastic frontier model.
title_sort technical efficiency of food industry in malaysia : an application of stochastic frontier model.
publishDate 2008
url http://psasir.upm.edu.my/id/eprint/17352/1/The%20technical%20efficiency%20of%20food%20industry%20in%20Malaysia.pdf
http://psasir.upm.edu.my/id/eprint/17352/
_version_ 1643826490542915584
score 13.211869

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