Desli, Evangelia; Ray, Subhash; Kumbhakar, Subal - In: Applied Economics Letters 10 (2003) 10, pp. 623-626
In this paper technical efficiency is introduced via the intercept that evolve over time as a AR(1) process in a stochastic frontier (SF) framework in a panel data framework. Following are the distinguishing features of the model. First, the model is dynamic in nature. Second, it can separate...