This paper examines the performance of foreign vs. domestic enterprises in Vietnam. Specifically, it evaluates firm - level technical efficiency and identifies the determinants of technical efficiency of these enterprises. The paper uses an econometric approach based on a stochastic frontier...

This paper derives an analytic approximation formula for the likelihood function of the true random effects stochastic frontier model of Greene (2005) with a time span T = 2. Gaussian quadrature procedure and simulation-based method is not re- quired for the closed-form approach. Combining the...