Title

Efficiency In Social Versus Private Agricultural Production - The Case Of Yugoslavia

Title - Alternative

Rev. Econ. Stat.

Keywords

Frontiers; Economics; Social Sciences, Mathematical Methods

Abstract

This paper extends the work of Boyd (1987) by examining the question of efficiency in Yugoslavian agricultural production using the stochastic production frontier. We find the private sector produces with higher output efficiency than the social sector. Next, we examine regional efficiency differences. Our findings reinforce earlier analysis of the economic impact of regional development policy pursued in Yugoslavia. Less developed republics appeared unable to utilize efficiently the large volume of investment resources allocated from the more developed republics via the central government.

Publication Title

Review of Economics and Statistics

Volume

75

Issue/Number

1

Publication Date

1-1-1993

Document Type

Note

Language

English

First Page

153

Last Page

157

WOS Identifier

WOS:A1993KW60500021

ISSN

0034-6535

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