Technical Efficiency of Agricultural Production in the North East of Thailand: An Empirical Study with a Stochastic Frontier Analysis

This research paper utilized a conventional stochastic frontier approach, employing maximum likelihood estimation, to investigate empirical production data pertaining to agricultural products, namely tobacco, rice, and chilli. The application of this rigorous methodology focused on analyzing agricultural production data gathered from Wiengkuk Subdistrict in Muang Nong Khai, Thailand. The outcomes of this study yielded significant findings, unveiling a striking reality: a mere average of \(60\%\) of the agricultural products under scrutiny were effectively produced. These findings serve as a testament to the pivotal role played by government policies, specifically agricultural promotion, in shaping the overall quantity of agricultural output.