Spatial Stochastic Frontier Analysis Of Russian Regions Development From 2011 To 2016
Journal: The European Proceedings of Social & Behavioural Sciences
Year: 2019

Most of the previous studies estimated technical efficiency for special industries, not considering Russian territory as a whole. This article provides technical efficiency estimatesfor 78 Russian regions. Alongside with traditional factors such as labour and capital, the authors took into account a nontrivial factor seen as retail trade. Retail trade had been chosen since it ultimately creates a technology demand. We also added spatial effects into a stochastic frontier model considering spatia