Is it MOLS or COLS?
Christopher F. Parmeter ()
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Christopher F. Parmeter: University of Miami
A chapter in Advanced Mathematical Methods for Economic Efficiency Analysis, 2023, pp 229-249 from Springer
Abstract:
Abstract This paper assesses the terminology of modified and corrected ordinary least squares (MOLS/COLS) in efficiency analysis. These two approaches, while different, are often conflated. Beyond this several remarks on the practicality and utility of the methods are provided.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-031-29583-6_13
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DOI: 10.1007/978-3-031-29583-6_13
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