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The paper applies time-dependent conditional frontier estimators in order to examine the effect of human capital on countries’ economic efficiency levels. Specifically, time-dependent conditional full and partial efficiency measures are applied to a sample of 123 countries for the period of...
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This paper proposes a conditional directional distance function estimator in order to examine the link between regional environmental efficiency and GDP per capita levels. As an illustrative example we apply our model to US regional data revealing an inverted ‘U’ shape relationship between...
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By means of an extensive Monte Carlo simulation study based on the design of Chen and Hong (2012) we compare the performance of the tests they proposed for parameter stability with the linearity test of Li et al. (2002) and the functional form test of Li and Wang (1998). We find that the test...
Persistent link: https://www.econbiz.de/10011041724
We propose an empirical likelihood-based method of inference for comparing inequality between two populations. A series of Monte Carlo experiments are used to assess our method’s finite sample performance. We illustrate our approach using some Canadian household income data.
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