Bayesian estimation of inefficiency heterogeneity in stochastic frontier models

Estimation of the one sided error component in stochastic frontier models may erroneously attribute firm characteristics to inefficiency if heterogeneity is unaccounted for. However, unobserved inefficiency heterogeneity has been little explored. In this work, we propose to capture it through a rand...

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Bibliographic Details
Main Author: Galán, J. E. (author)
Other Authors: Veiga, H. (author), Wiper, M. P. (author)
Format: article
Language:eng
Published: 2014
Subjects:
Online Access:http://link.springer.com/article/10.1007/s11123-013-0377-4#page-1
Country:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/8060