Showing 1 - 10 of 16
approaches are used to estimate the aggregate production technology: a fixed-effects model and a stochastic frontier model. Our …
Persistent link: https://www.econbiz.de/10005062403
that extends the cross-sectional model of Kelejian and Prucha. This approach is applied in a stochastic frontier framework …
Persistent link: https://www.econbiz.de/10005062574
. An application to a broad class of parametric stochastic frontier models is considered, where interest centers on making …
Persistent link: https://www.econbiz.de/10005062575
-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the …
Persistent link: https://www.econbiz.de/10005407719
generalization of a stochastic frontier model which is appropriate for such technologies. We discuss efficiency analysis and, in …
Persistent link: https://www.econbiz.de/10005407943
We consider classes of multivariate distributions which can model skewness and are closed under orthogonal transformations. We review two classes of such distributions proposed in the literature and focus our attention on a particular, yet quite flexible, subclass of one of these classes....
Persistent link: https://www.econbiz.de/10005407985
techniques to calculate these frontier functions have been used, some of them parametric, others non-parametric to empirically … (Stochastic Frontier, Data Envelopment Analysis and Neural Network) are consistent. In fact, we see that privatization enhanced …
Persistent link: https://www.econbiz.de/10005556905
A nonstochastic Malmquist Index and a stochastic frontier production function are estimated to examine agricultural … not evident in the stochastic frontier estimates. Both methods identify the same regions as the most productive. Variables …
Persistent link: https://www.econbiz.de/10005118911
incomplete markets and indivisible labor generates an aggregation error that looks much like the preference residual in the data …
Persistent link: https://www.econbiz.de/10005076681
Prais (1958) showed that the standard CPI computed by most statistical agencies can be interpreted as a weighted average of household price indexes, where the weight of each household is determined by its total expenditures. In this paper, we analytically decompose the difference between the...
Persistent link: https://www.econbiz.de/10005125974