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panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …” and “social science, mathematical methods” in the Web of Science database. This efficiency is measured in terms of the …
Persistent link: https://www.econbiz.de/10012437397
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …
Persistent link: https://www.econbiz.de/10011605257
use stochastic frontier analysis methods to test for productivity and efficiency differences in manufacturing throughout … frontier estimations confirm very similar regional patterns. Nevertheless, efficiency varies strongly within states, indicating …
Persistent link: https://www.econbiz.de/10013158609
Typically, the error term in stochastic frontier models is assumed to be positively skewed; however, efficiency scores … all model parameters and efficiency scores can be estimated consistently regardless of positive or negative inefficiency …
Persistent link: https://www.econbiz.de/10013290259
-sample performance of our estimators. An empirical study of efficiency trends in the largest banks operating in the U.S. from 1990 to …
Persistent link: https://www.econbiz.de/10011711007
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10010510115
Consideration of latent heterogeneity is of special importance in non linear models for gauging correctly the effect of explaining variables on the dependent variable. This paper adopts the stratified model-based clustering approach for modeling latent heterogeneity for panel probit models....
Persistent link: https://www.econbiz.de/10010298828
We apply a heterogenous coefficient spatial autoregressive panel model from Aquaro, Bailey and Pesaran (2015) to explore competition/cooperation by Berlin fueling stations in setting prices for diesel and E5 fuel. Unlike the maximum likelihood estimation method set forth by Aquaro, Bailey and...
Persistent link: https://www.econbiz.de/10011460317
The paper develops a general Bayesian framework for robust linear static panel data models using ε-contamination. A two-step approach is employed to derive the conditional type-II maximum likelihood (ML-II) posterior distribution of the coefficients and individual effects. The ML-II posterior...
Persistent link: https://www.econbiz.de/10010440546
This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first step calculates Bayesian probabilities for various assignments of regions to two clubs using a general stochastic space-time dynamic panel relationship between growth rates and...
Persistent link: https://www.econbiz.de/10011685263