Griffin, Jim; Steel, Mark - In: Journal of Productivity Analysis 27 (2007) 3, pp. 163-176
Markov chain Monte Carlo (MCMC) methods have become a ubiquitous tool in Bayesian analysis. This paper implements MCMC methods for Bayesian analysis of stochastic frontier models using the WinBUGS package, a freely available software. General code for cross-sectional and panel data are presented...