stochastic frontier
Stochastic frontier models
... The stochastic frontier model was first proposed by Aigner et ...a frontier of production, and actual outputs observed in the data fall below the frontier because of the presence of technical ...
7
Analýza efektívnosti slovenských bánk využitím Stochastic Frontier Approach
... Z daných predpokladov taktiež vyplývajú silné a slabé stránky metód. V tejto štúdii je použitý parametrický prístup a konkrétne metoda Stochastic Frontier Approach (SFA). Táto metóda umožňuje odlíšiť ...
9
Estimating Efficiency Effects in a Panel Data Stochastic Frontier Model
... between efficiency and farm size. There is a very old and vast literature debating the negative relationship between farm size and productivity where the latter is defined as output per land area cultivated (Sen, 1966; ...
64
Heteroscedasticity and non monotonic efficiency effects of a stochastic frontier model
... Ever since the work of Aigner, Lovell, and Schmidt (1977) and Meeusen and van den Broeck (1977), both the theoretical development and empirical application of stochastic frontier models have thrived in the ...
19
The Impact of Liberalization on the Production of Electricity in Japan: Stochastic Frontier Analysis
... a stochastic frontier version of the translog cost function is ...the stochastic frontier translog cost function can be written as follows: ...
13
A stochastic frontier approach to measuring regional technical efficiency in China
... 19 In summary, this study provides some useful information on how to reduce provincial production inefficiency. This study found that the provinces with higher level of human capital, higher engagement in international ...
24
A Survey on Labor Markets Imperfections in Mexico Using a Stochastic Frontier
... The estimations of the model for the nationwide data yielded a pseudo determination coefficient of 19.2%, which means that the power of prediction of the estimated coefficients is not strong. Nevertheless, accordingly ...
25
Cost Efficiency of Italian Commercial Banks:A Stochastic Frontier Analysis
... best-practice frontier, by comparison of performances of all units of the economic system; such methodology allows discrimination between the effect caused by stochastic disturbances or by technical ...
12
Estimation of a Panel Stochastic Frontier Model with Unobserved Common Shocks
... in stochastic frontier models, for analysis of technical or cost inefficiencies of production units and financial ...estimate stochastic frontier models with time-varying technical ...
59
Shipping Firms’ Efficiency Evaluation through Stochastic Frontier Analysis
... and Stochastic Frontier Analysis (SFA) are the two most important alternative approaches; both approaches have been broadly studied as methodologies in their own right and applied to a range of business ...
8
Local or national environmental spending in Italy: a stochastic frontier analysis
... Finally, in order to analyze a recent issue emerged in the New Economic Geography literature, which is that a region belonging to a well developed area can perform better than a region belonging to a less developed area, ...
26
Maximum likelihood estimation of a stochastic frontier model with residual covariance
... The analysis of spatial processes is of significance in many disciplines, including agriculture and banking. Spatial autocorrelation occurs when population members are related through their geographical positions. In the ...
12
Technical Efficiency of Microfinance Institutions in India A Stochastic Frontier Approach
... approach financial institutions are producers of deposits and loans (Athanassoupoululos, 1997). Microfinance institutions are also financial institutions but their approach and motive differs from other financial ...
21
Efficiency of Urban Bus Companies in India: A Stochastic Frontier Analysis
... estimated stochastic fron- tiers and predicted firm level inefficiencies using models similar to Equation (1) ...the frontier and the deter- minants of efficiency are estimated in a single stage ...the ...
15
Regional Tourism Competition in the Baltic States: a Spatial Stochastic Frontier Approach
... Spatial Stochastic Frontier and corresponded to spatial modification of a stochastic frontier ...spatial stochastic frontier models – distance and travel-time based to identify ...
18
Natural and cyclical unemployment: a stochastic frontier decomposition and economic policy implications
... of stochastic cost frontiers is performed where natural unemployment is identified as a lower limit and cyclical unemployment as the deviation of effective unemployment with regard to that ...compares ...
34
Estimation of Dynamic Stochastic Frontier Model using Likelihood based Approaches
... In our present model dynamic stochastic frontier model, we did not include the firm-specific random/fixed effect in the frontier part. However, it is a straightforward extension of our model to ...
37
On measuring indebtedness of African countries: A stochastic frontier debt production function
... a stochastic frontier production function approach and the technical efficiency computation procedure to develop an indebtedness index for 46 African ...
22
Estimating fixed effect panel stochastic frontier models by model transformation
... panel stochastic frontier models do not distinguish between unobserved individual heterogeneity and ...fixed-effect stochastic frontier model which, in theory, may be biased by the incidental ...
32
Philippine Export Efficiency and Potential: An Application of Stochastic Frontier Gravity Model
... This thesis is an attempt to investigate the trade patterns and constraints of the merchandise exports of the Philippines using the gravity stochastic frontier model. It seeks to analyze factors affecting ...
35