Recently, Bhatti and Khan considered various functional forms to see their suitability in terms of efficiency and competency in assessing production process based on agricultural data. This paper reviews some models recently used in the literature and selects the most suitable one for measuring the production process of 21 major manufacturing industries in Bangladesh. In particular, the paper estimates and tests the coefficients of the production inputs for each of the selected manufacturing industries using Bangladesh Bureau of Statistics annual data over the period 1982-1983 through 1991-1992.
- Functional analysis
- Production processes
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics, Econometrics and Finance(all)
- Organizational Behavior and Human Resource Management