Profit efficiency of small and mediumscale maize milling
12/8/2009#0183;#32;The apparent failure of small and mediumscale maize millers to emerge and compete effectively in the maize milling industry in South Africa raises questions about their scale and level of efficiency. Against this background, this paper analyses the profit efficiency of these enterprises, using a translog stochastic profit frontier model. Findings from the profit efficiency analysis show an