Estimating technical efficiency in micro panels

Qu Feng and William Horrace

Economics Letters, 2012, vol. 117, issue 3, 730-733

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.

Keywords: Max operator; Stochastic frontier model; Bootstrap; Micro panel data (search for similar items in EconPapers)
JEL-codes: C15 C23 D24 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:3:p:730-733

DOI: 10.1016/j.econlet.2012.08.031

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