Koop, Gary; Osiewalski, Jacek; Steel, Mark F J - In: Oxford Bulletin of Economics and Statistics 61 (1999) 4, pp. 455-87
This paper uses Bayesian stochastic frontier methods to decompose output change into technical, efficiency and input changes. In the context of macroeconomic growth exercises, which typically involve small and noisy data sets, we argue that stochastic frontier methods are useful since they...
