Abstract
This research aims to analyze the effect of capital, cost, working hours, labor, technology, analyze the most influential variables on the production of sand and stone and determine the level of technical efficiency, allocative efficiency, and economic efficiency. The analysis technique uses the Stochastic Frontier Analysis MLE method. The results showed that capital, cost, and technology variables have no significant effect, labor has a positive and significant effect. The most influential variable on sand and stone production in Banyumas Regency is labor. The level of technical efficiency in the production of sand is 0,829418, and stone is 0,743271. The level of allocative efficiency of sand production is 1,799976 and stone 1,997888. The level of economic efficiency of sand production is 1,492933 and stone 1,484972. The production of sand and stone has reached technical efficiency but has not yet reached allocative efficiency and economic efficiency.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
