In presence of panel data, technical efficiency is used to compare the performances of Decision-Making Units (DMUs …). The novelty of this paper is the consideration of the dependence between the two error terms in the case of panel data and … balanced panel case, several models describing the evolution of the inefficiency over time and the dependence between the two …

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 …

under which globalization factors foster technology efficiency. In this paper, we extend the MSS model by combining panel … threshold regression technique advanced by Hansen (1999). This threshold stochastic frontier panel data model enables us to … technical efficiency has monotonically decreased for low income countries, supporting the so-called club convergence hypothesis …

a sample of German commercial banks based on the Bankscope database for estimation of cost efficiency scores … individual efficiency scores. The basic idea lies in the introduction of an additive error term consisting of a noise and an … also discussed in relevant literature. The natural estimation method seems to be Maximum Likelihood (ML) estimation because …

This paper considers a linear panel data model with time varying heterogeneity. Bayesian inference techniques organized …-sample performance of our estimators. An empirical study of efficiency trends in the largest banks operating in the U.S. from 1990 to …

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 …

estimation by Grenander’s method of sieves, empirical likelihood and causality issues in SFA using regression discontinuity … and techniques such as copulas. …

inefficiency in the market. The paper discusses estimation of a stochastic frontier panel model with unobserved fixed effects. On …Typically, the error term in stochastic frontier models is assumed to be positively skewed; however, efficiency scores … accurate enough for maximum likelihood estimation. Simulations assess finite sample performances of estimators and show that …

This paper proposes a stochastic frontier panel data model in which unit-specific inefficiencies are spatially … inefficiency is disentangled from time invariant unobserved heterogeneity in a panel data model à la Greene (2005); iii) systematic … that the estimation approach is consistent, showing good finite sample properties especially in small samples …