We propose an iterative procedure to minimize the sum of squares function which avoids the nonlinear nature of estimating the rst order moving average parameter and provides a closed form of the estimator. The asymptotic properties of the method are discussed and the consistency of the linear...

Banker and Maindiratta (1992) provides a method for the estimation of a stochastic production frontier from the class of all monotone and concave functions. A key aspect of their procedure is that the arguments in the log-likelihood function are the fitted frontier outputs themselves rather than...