Algunas observaciones acerca del uso de software en la estimación del modelo Half-Normal

Artikel

Using the maximum likelihood method, in order to estimate Half-Normal stochastic frontier production models, entails several practical di±culties that, perhaps, have not been su±ciently emphasised. In employing FRONTIER software, we analyse the case in which the estimation obtained suggests the absence of random factors in the composite error term. We have proved that there are reasons to doubt the validity of the parameter estimates and especially of its standard errors. On the other hand, no estimation is obtained in the previous situation, with LIMDEP software, but an error message.

Object Details

• Language: Spanisch

References and Relationships

• Bibliographic citation: Journal: Revista de Métodos Cuantitativos para la Economía y la Empresa ; ISSN: 1886-516X ; Volume: 11 ; Year: 2011 ; Pages: 3-16 ; Sevilla: Universidad Pablo de Olavide

Classification and Topics

• Classification: Wirtschaft ; Model Evaluation, Validation, and Selection ; Computational Techniques; Simulation Modeling ; Econometric Software
• Subject: stochastic frontier ; deterministic frontier ; maximum likelihood estimator ; software FRONTIER

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ortega Irizo, Francisco Javier ; Gavilán Ruiz, José Manuel
• Event: Veröffentlichung
• (who): Universidad Pablo de Olavide
• (where): Sevilla
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/59091
• Last update: 10.03.2025, 11:42 AM CET