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This paper proposes a new semiparametric estimator for the truncated regression model under the independence restriction. Many existing approaches such as those in Lee (1992) and Honoré and Powell (1994) are moment-based methods, whereas our approach makes use of the entire truncated...
Persistent link: https://www.econbiz.de/10010577513
The existing semiparametric estimation literature has mainly focused on univariate Tobit models and no semiparametric estimation has been considered for bivariate Tobit models. In this paper, we consider semiparametric estimation of the bivariate Tobit model proposed by Amemiya (1974), under the...
Persistent link: https://www.econbiz.de/10010577523
This paper presents a measurement of the technical efficiency of textile industries with 4-digit codes in China by using the cross-section data from 2002 and 2007 and a fully nonparametric stochastic frontier estimation approach. The technical efficiency of these textile industries is compared...
Persistent link: https://www.econbiz.de/10010888563
This paper employs a fully nonparametric stochastic frontier model with time and individual effects to study technical efficiency in China's post-reform economy. The panel data cover China's thirty provinces for the period of 1985–2008. The empirical results show that the average output...
Persistent link: https://www.econbiz.de/10011260500
Research Highlights [black right pointing pointer] This paper presents a time-variant estimation of technical efficiency in post-reform China. [black right pointing pointer] A fully nonparametric stochastic model is used to measure technical efficiency. [black right pointing pointer] The average...
Persistent link: https://www.econbiz.de/10009249794
This article distinguishes openness from domestic performance as different growth determinants and uses nonparametric estimation to reveal their direct effects on GDP. On average, openness promotes growth, but its effect on growth is negative when the levels of openness and domestic performance...
Persistent link: https://www.econbiz.de/10009277998
Purpose – The purpose of this paper is to present a nonparametric comparative study on the HCMS consumption of urban and rural households in China. Design/methodology/approach – This paper applies the panel data for China's thirty provinces in 1991-2007 as a sample and presents a local...
Persistent link: https://www.econbiz.de/10010610875
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