An alternative method for predicting technical inefficiency in stochastic frontier models
The median is proposed as an alternative to the expectation of the conditional distribution in order to predict the technical inefficiency in stochastic frontier production models with panel data. Numerical comparison reveals that the two predictors can take different values when the distribution is skewed.
Year of publication: |
2003
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Authors: | Tsukuda, Yoshihiko ; Miyakoshi, Tatsuyoshi |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 10.2003, 11, p. 667-670
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Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
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