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Article
Estimating Technical Efficiency in Micro Panels
Economics - All Scholarship
  • Qu Feng, Nanyang Technological University, Singapore
  • William C Horrace, Syracuse University
Document Type
Article
Date
8-21-2012
Keywords
  • max operator,
  • stochastic frontier model,
  • bootstrap,
  • micro panel data
Disciplines
Description/Abstract

Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities.

Source
local input
Creative Commons License
Creative Commons Attribution 3.0
Citation Information
Qu Feng and William C Horrace. "Estimating Technical Efficiency in Micro Panels" (2012)
Available at: http://works.bepress.com/horrace/14/