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Additional Topics in SFA

Peter Bogetoft and Lars Otto ()
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Lars Otto: University of Copenhagen

Chapter Chapter 8 in Benchmarking with DEA, SFA, and R, 2011, pp 233-262 from Springer

Abstract: Abstract In this chapter, we continue our coverage of Stochastic Frontier Analysis (SFA).We extend the use of SFA to the estimation of general multi-input, multi-output productions functions and show how to estimate cost functions rather than the production functions that we focused on in Chap. 7. We also discuss hypothesis testing within an SFA framework.We conclude with a more methodological discussion of possible problems related to the use of SFA.

Keywords: Cost Function; Distance Function; Production Function; Constant Return; Input Price (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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Chapter: Additional Topics in DEA (2011)
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DOI: 10.1007/978-1-4419-7961-2_8

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