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The estimation of technical change in panel data models is considered using two competing models: the time trend model and the general index model. The authors' measure of technical change in both models is based on the input requirement function. Technical change is further decomposed into pure...
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This paper deals with modeling total factor productivity (TFP) growth in a flexible manner using panel data. Several competing parametric models are used to explore whether there are any similarities in the estimates of TFP growth and technical change among these models. Using a primal approach,...
Persistent link: https://www.econbiz.de/10005305761
This paper considers the estimation of frontier production functions in panel data models. It proposes a multi-stage method to obtain estimates of (1) the parameters of a flexible input requirement function and (2) technical inefficiency decomposed into time-invariant (firm-specific),...
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