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Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to demonstrate that the conflicting findings may be due to linear...
Persistent link: https://www.econbiz.de/10011279450
the bias is larger for a more persistent factor. In such a case, bootstrap procedures are effective in reducing the bias … and bootstrap confidence intervals outperform naive asymptotic confidence intervals in terms of controlling the coverage …
Persistent link: https://www.econbiz.de/10011703787
The purpose of this study is to evaluate the performance of microfinance institutions in The MENA region over the period 2006-2009. Following Simar and Wilson (1998, 2000) we use a DEA-Bootstrapping methodology to drift appropriate measures of DEA efficiency scores. The estimated results show...
Persistent link: https://www.econbiz.de/10010311607