A gamma-moment approach to monotonic boundaries estimation

Abdelaati Daouia (), Stéphane Girard and Armelle Guillou

No 13-411, TSE Working Papers from Toulouse School of Economics (TSE)

Abstract: The estimation of optimal support boundaries under the monotonicity constraint is relatively unexplored and still in full development. This article examines a new extreme-value based model which provides a valid alternative for completely envelopment frontier models that often super from lack of precision, and for purely stochastic ones that are known to be sensitive to model misspecification. We provide different motivating applications including the estimation of the minimal cost in production activity and the assessment of the reliability of nuclear reactors.

Keywords: cost function; edge data; extreme-value index; free disposal hull; moment frontier (search for similar items in EconPapers)
JEL-codes: C13 C14 D20 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-ecm and nep-eff
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tse-fr.eu/sites/default/files/medias/doc/wp/etrie/wp_tse_411.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tse:wpaper:27252

Access Statistics for this paper

More papers in TSE Working Papers from Toulouse School of Economics (TSE) Contact information at EDIRC.
Bibliographic data for series maintained by ().