Showing 1 - 10 of 163
In production theory and efficiency analysis, we estimate the production frontier, the locus of the maximal attainable level of an output (the production), given a set of inputs (the production factors). In other setups, we estimate rather an input (or cost) frontier, the minimal level of the...
Persistent link: https://www.econbiz.de/10011052254
Persistent link: https://www.econbiz.de/10012505396
This paper revisits some asymptotic properties of the robust nonparametric estimators of order-m and order-[alpha] quantile frontiers and proposes isotonized version of these estimators. Previous convergence properties of the order-m frontier are extended (from weak uniform convergence to...
Persistent link: https://www.econbiz.de/10005199419
Persistent link: https://www.econbiz.de/10011795039
Conditional efficiency captures efficiency of firms facing heterogeneous environmental conditions. Traditional approaches estimate nonparametrically conditional distribution requiring smoothing techniques. We rather use a flexible nonparametric location-scale model to eliminate the dependence of...
Persistent link: https://www.econbiz.de/10011052211
Persistent link: https://www.econbiz.de/10011592277
Persistent link: https://www.econbiz.de/10014329009
The estimation of optimal support boundaries under the monotonicity constraint is relatively unexplored and still in full development. This article examines a new extreme-value based model which provides a valid alternative for complete envelopment frontier models that often suffer from lack of...
Persistent link: https://www.econbiz.de/10011052283
Persistent link: https://www.econbiz.de/10005052901
The aim of the paper is to present a statistical methodology allowing a meaningful comparison of the production performance of firms without resorting to the usual concept of production frontier. We introduce an efficiency measure based on a nonstandard conditional distribution and propose a...
Persistent link: https://www.econbiz.de/10005065723