Document Type
Article
Date
8-21-2012
Keywords
max operator, stochastic frontier model, bootstrap, micro panel data
Disciplines
Economics
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.
Recommended Citation
Feng, Qu and Horrace, William C., "Estimating Technical Efficiency in Micro Panels" (2012). Economics - All Scholarship. 13.
https://surface.syr.edu/ecn/13
Source
local input
Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.
