Eficiencia técnica de los centros educativos distritales en Bogotá D.C.: Una jerarquización de 476 unidades educativas realizada utilizando la técnica de Frontera Estocástica.
No. 23 (2006-05-01)Author(s)
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Hernando Mutis1Profesor Asociado. Departamento de Ingeniería Industrial. Universidad de los Andes.
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Gloria Maritza Díaz Torres2Instructora. Departamento de Ingeniería Industrial. Universidad de los Andes.
Abstract
In the first part of this paper the basics of the estimation of the stochastic production function is discussed. In the second part an application of the former is presented aimed at the hierarquization of the educational institutions which depend of the District of Bogotá, according to a measure of the technical efficiency –using inputs to maximize the output. For the present, a Cobb-Douglas production function is assumed with a symmetric noise and a semi-normal efficiency perturbations. Using maximum likelihood the parameters are obtained and the efficiency for each institution is calculated.
Keywords:
Technical Efficiency, Principal components, Stochastic Frontier Production Function, maximum likelihood, Cobb-Douglas production function, half normal distribution function