A dynamic stochastic frontier production model with time-varying efficiency: comment

Based on Desli et al. (2003), this comment defines a stochastic frontier production model in a panel data framework. The firms can learn from their past errors to improve technical efficiency. This is done by introducing the inefficiency error term as an AR(p) process. The ways to estimate the production function and technical inefficiency are provided.

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Year of publication:	2007
Authors:	Wang, Chunhua
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 14.2007, 6, p. 415-417
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005437741