Showing 1 - 10 of 40
treated in the compilation of a house price index. An empirical bootstrap study, based on advertised co-operative flats in …
Persistent link: https://www.econbiz.de/10011258955
cannot be considered as reliable measures. The DEA Bootstrap addresses this limitation of the DEA method as it provides the … efficiency scores with stochastic properties. However, the DEA Bootstrap is still inappropriate in the presence of small samples …. In this context, we introduce a new method that draws on random data generation procedures, unlike Bootstrap which is …
Persistent link: https://www.econbiz.de/10011260496
an adverse impact on the efficiency level of state-owned banks. The bootstrap approach demonstrates that the majority of …
Persistent link: https://www.econbiz.de/10011260807
This paper utilizes the bootstrap to construct tests using the measures for goodness-of-fit for nonnested regression … models. The bootstrap enables us to compute the statistical significance of the differences in the measures and to formally … test on nonnested regression models. The bootstrap tests that this paper proposes are expected to show better finite sample …
Persistent link: https://www.econbiz.de/10005260238
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar andWilson (2008). We assess the finite sample performance...
Persistent link: https://www.econbiz.de/10009322640
The paper presents the methodology for attaching probability distribution or intervals of variation to point forecasts. This methodology might prove significant for countries that have suffered deep structural transformations in their not very distant past. For these models, stability is more...
Persistent link: https://www.econbiz.de/10009401315
In this paper we use a two stage procedure, based on bias corrected DEA, to evaluate the impacts of regulatory reforms on technical efficiency of 28 Italian airports during the period 2000–2006. We employ two different DEA models: physical and monetary. The first relies on the aeronautical...
Persistent link: https://www.econbiz.de/10009360280
This paper examines the total factor productivity of 28 Italian airports during 2000–2006 using non-parametric estimation methods. Moreover, non-parametric inference and hypothesis test on the Malmquist index and its two main components, efficiency and technological change, have been carried...
Persistent link: https://www.econbiz.de/10009360281
of the forecaster and use bootstrap techniques to compare the empirical results with the equivalents obtained under the …
Persistent link: https://www.econbiz.de/10009277851
estimator is biased upwards (downwards). Using the bias function, we then show the mechanism of the parametric bootstrap ….This motivates us to propose a simultaneous multi-level bootstrap procedure so as to further correct the remaining bias. The …-level bootstrap algorithm is feasible and does not suffer from the curse of dimensionality. Monte Carlo evidence supports the …
Persistent link: https://www.econbiz.de/10009203636