On estimating efficiency effects in a stochastic frontier model
This paper proposes a technical efficiency effects model within the framework of stochastic production frontier. The efficiency effects are specified by a standard normal cumulative distribution function of exogenous variables which ensures the efficiency scores to lie in a unit interval. This specification eschews one-sided error term present in almost all the existing inefficiency effects models. The efficiency scores are obtained directly once the parameters of the model are estimated. An...[Show more]
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|Source:||European Journal of Operational Research|
|01_Paul_On_estimating_efficiency_2018.pdf||373.65 kB||Adobe PDF||Request a copy|
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