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Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring efficiency … alternative to the SFA ML. -- efficiency ; stochastic non-smooth envelopment of data (StoNED) ; data envelopment analysis (DEA …
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efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …. This estimation has better goodness of fit, reduced variance of all coefficients, and higher efficiency scores for nearly …
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