Showing 1 - 10 of 55
This paper shows that the bootstrap algorithm for average technical efficiency by Atkinson and Wilson (1995) should be … misleading bootstrap confidence intervals. A Monte Carlo simulation study reveals that the bootstrap confidence interval coverage …
Persistent link: https://www.econbiz.de/10005649251
We show how it is possible to generate multivariate data which have moments arbitrary close to the desired ones. They are generated as linear combinations of variables with known theoretical moments. It is shown how to derive the weights of the linear combinations in both the univariate and the...
Persistent link: https://www.econbiz.de/10010281300
. This paper demonstrates how the bootstrap can be implemented to correct for such size distortions. It is shown that a well …-designed bootstrap test based on the MRR and GPH tests is exact, and a procedure based on the REG test is nearly exact. …
Persistent link: https://www.econbiz.de/10005423891
We show how it is possible to generate multivariate data which have moments arbitrary close to the desired ones. They are generated as linear combinations of variables with known theoretical moments. It is shown how to derive the weights of the linear combinations in both the univariate and the...
Persistent link: https://www.econbiz.de/10005649265
We demonstrate that panel unit root tests can have high power when a small fraction of the series are stationary and may lack power when a large fraction is stationary. The acceptance or rejection of the null is thus not sufficient evidence to conclude that all series have a unit root or that...
Persistent link: https://www.econbiz.de/10005651508
The purpose of this paper is to use the bootstrap resampling technique to calculate confidence intervals for efficiency … programming models using primal production data. The bootstrap procedure is applied on a sample of Swedish eye-care departments …
Persistent link: https://www.econbiz.de/10005423888
estimates. Conditional on the sample at hand, the bootstrap offers a possibility to perform formal statistical hypotheses …
Persistent link: https://www.econbiz.de/10005649277
This paper presents a Monte Carlo simulation study of the bootstrap algorithm proposed by Löthgren and Tambour (1997 …) for calculation of bootstrap confidence intervals for the firm-specific Data Envelopment Analysis (DEA) Malmquist … productivity index. The simulation results indicate that the coverage accuracy of bootstrap confidence intervals are near the …
Persistent link: https://www.econbiz.de/10005649328
This paper evaluates the performance of three bootstrap algorithms for the data envelopment analysis (DEA) estimator … accuracy of bootstrap confidence intervals are simulated under both variable returns to scale (VRS) and constant return …
Persistent link: https://www.econbiz.de/10005649386
of bootstrap testing. In short, all the algorithms work well and lead to tests with correct or close to correct size …. There is thus little or no reason not to use the bootstrap with error component models. …
Persistent link: https://www.econbiz.de/10005649435