Estimating fixed-effect panel stochastic frontier models by model transformation [PDF]
Traditional panel stochastic frontier models do not distinguish between unobserved individual heterogeneity and inefficiency. They thus force all time-invariant individual heterogeneity into the estimated inefficiency. Greene (2005) proposes a true fixed-
Ho, Chia-Wen, Wang, Hung-Jen
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Oriented Stochastic Data Envelopment Models: Ranking Comparison to Stochastic Frontier Approach [PDF]
SSRN Electronic Journal, 2005 Results of data envelopment analysis sensitively respond to stochastic noise in the data. In this paper, by introduction of output augmentation and input reduction I extend additive models for stochastic data envelopment analysis (SDEA), which were developed by Li (1998) to handle the noise in the data. Applying the linearization procedure by Li (1998)
openaire +2 more sources
Mathematics, 2020 This paper studies the time-consistent optimal investment and reinsurance problem for mean-variance insurers when considering both stochastic interest rate and stochastic volatility in the financial market.
Jiaqi Zhu, Shenghong Li
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Measuring and explaining farm inefficiency in a panel data set of mixed farms [PDF]
This paper aims to estimate a translog stochastic frontier production function in the analysis of a panel of 150 mixed Catalan farms in the period 1989-1993, in order to attempt to measure and explain variation in technical inefficiency scores with a one-
Jaume Puig, Josep M. Argilés
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Accounting for heterogeneity in the measurement of hospital performance [PDF]
With prospective payment of hospitals becoming more common, measuring their performance is gaining in importance. However, the standard cost frontier model yields biased efficiency scores because it ignores technological heterogeneity between hospitals ...
Mehdi Farsi +2 more
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Measuring Inefficiency of the Czech Labour Market
Review of Economic Perspectives, 2015 This paper aims to quantify the performance of the Czech regional labour markets and to reveal the most influential economic factors standing behind its dynamics in the last fifteen years. Investigated labour markets are described using matching function
Němec Daniel
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FARMERS RESOURCE – USE AND TECHNICAL EFFICIENCY IN COWPEA PRODUCTION IN NIGERIA [PDF]
In Nigeria, the use of stochastic frontier to estimate farm level efficiency effects is still at the rudimentary level and is beginning to build up. Few studies have been undertaken but there is dearth need for more empirical studies on this important ...
A.T. Akanbi +2 more
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Determinants of Food Security and Technical Efficiency among Agricultural Households in Nigeria
Economies, 2019 The challenge of food security in Nigeria hinges on several factors of which poor technical efficiency is key. Using a stochastic frontier framework, we estimated the technical efficiency of agricultural households in Nigeria and tested for the ...
Zainab Oyetunde-Usman +1 more
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An Analysis of Energy Use Efficiency in China by Applying Stochastic Frontier Panel Data Models
Energies, 2020 This paper investigates energy use efficiency at the province level in China using the stochastic frontier panel data model approach. The stochastic frontier model is a parametric model which allows for the modeling of the relationship between energy use
Xiaoyan Zheng, Almas Heshmati
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Efficiency of broadband internet adoption in European Union member states [PDF]
This paper is devoted to econometric analysis of broadband adoption efficiency in EU member states. Stochastic frontier models are widely used for efficiency estimation.
Pavlyuk, Dmitry
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