Estimating technical efficiency in micro panels

被引:1
|
作者
Feng, Qu [1 ]
Horrace, William C. [2 ]
机构
[1] Nanyang Technol Univ, Div Econ, Singapore 637332, Singapore
[2] Syracuse Univ, Ctr Policy Res, Syracuse, NY 13244 USA
关键词
Max operator; Stochastic frontier model; Bootstrap; Micro panel data; STOCHASTIC FRONTIER MODELS; BOOTSTRAP; HETEROGENEITY; INEFFICIENCY;
D O I
10.1016/j.econlet.2012.08.031
中图分类号
F [经济];
学科分类号
02 ;
摘要
Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects'. With the same estimated efficiency ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:730 / 733
页数:4
相关论文
共 50 条