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/methodology/approach – A bootstrap method is used to provide statistical precision of the DEA estimator. Technical efficiency is modeled as a … operation. Originality/value – The study is among the first that employ a bootstrap method and compare estimates from both Data …
Persistent link: https://www.econbiz.de/10014768788
We use a subsample bootstrap method to get a consistent estimate of the asymptotically optimal choice of the …
Persistent link: https://www.econbiz.de/10011257229
determined with a permutation procedure and a parametric bootstrap in the testsfor serial independence and linearity …
Persistent link: https://www.econbiz.de/10011257371
transmission modelling framework. In addressing this issue, this paper introduces and applies parametric bootstrap techniques to … alternative asymmetric price transmission models under various error and sample size conditions. The results of the bootstrap … simulations indicate that model selection performance depends on bootstrap sample size and the amount of noise in the data …
Persistent link: https://www.econbiz.de/10011222433
Our study analyses stochastic convergence of relative real GDP per capita in the West African Economic and Monetary Union (WAEMU) in the period 1960 to 2010. It highlights the importance of considering structural breaks and cross-section dependence in the panel unit root tests. Using the panel...
Persistent link: https://www.econbiz.de/10010890863
.S., using the bootstrap Granger (temporal) non-causality test and a fixed-size rolling-window estimation approach. We use … full-sample bootstrap non-Granger causality test result suggests the existence of a unidirectional causality running from … cannot rely on the full-sample causality tests and, hence, this warrants a time-varying (bootstrap) rolling-window approach …
Persistent link: https://www.econbiz.de/10010891115
.S., using the bootstrap Granger (temporal) non-causality test and a fixed-size rolling-window estimation approach. We use … full-sample bootstrap non-Granger causality test result suggests the existence of a unidirectional causality running from … cannot rely on the full-sample causality tests and, hence, this warrants a time-varying (bootstrap) rolling-window approach …
Persistent link: https://www.econbiz.de/10010891729
positive efficiency and technology change. The bootstrap analysis reveals that these improvements are ascribed to 50% of the …
Persistent link: https://www.econbiz.de/10010891967
This paper gives a selective overview on the functional coefficient models with their particular applications in economics and finance. Functional coefficient models are very useful analytic tools to explore complex dynamic structures and evolutions for functional data in various areas,...
Persistent link: https://www.econbiz.de/10010892129
-optimally weighted SQLR statistic; (5) the consistency of the nonparametric bootstrap and the weighted bootstrap (possibly non …
Persistent link: https://www.econbiz.de/10010895693