Artikel
Stochastic frontier models with dependent errors based on normal and exponential margins
Following the recent work of Gómez-Déniz and Pérez-Rodríguez (2014), this paper extends the results obtained there to the normal-exponential distribution with dependence. Accordingly, the main aim of the present paper is to enhance stochastic production frontier and stochastic cost frontier modelling by proposing a bivariate distribution for dependent errors which allows us to nest the classical models. Closed-form expressions for the error term and technical efficiency are provided. An illustration using real data from the econometric literature is provided to show the applicability of the model proposed.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Revista de Métodos Cuantitativos para la Economía y la Empresa ; ISSN: 1886-516X ; Volume: 23 ; Year: 2017 ; Pages: 3-23 ; Sevilla: Universidad Pablo de Olavide
- Klassifikation
-
Wirtschaft
Econometrics
Estimation: General
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Model Construction and Estimation
- Thema
-
technical and cost efficiencies
stochastic frontier
marginal distribution
dependence
Sarmanov model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gómez-Déniz, Emilio
Pérez-Rodríguez, Jorge V.
- Ereignis
-
Veröffentlichung
- (wer)
-
Universidad Pablo de Olavide
- (wo)
-
Sevilla
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gómez-Déniz, Emilio
- Pérez-Rodríguez, Jorge V.
- Universidad Pablo de Olavide
Entstanden
- 2017
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