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This paper proposes a stochastic frontier panel data model which includes time-invariant unobserved heterogeneity along with the efficiency effects. Following Paul and Shankar (2018), the efficiency effects are specified by a standard normal cumulative distribution function of exogenous...
Persistent link: https://www.econbiz.de/10015261714
This paper proposes a stochastic frontier model which includes time-invariant unobserved heterogeneity along with the efficiency effects. The efficiency effects are specified by a standard normal cumulative distribution function of exogenous variables which ensures the efficiency scores to lie...
Persistent link: https://www.econbiz.de/10015261715
Purpose The purpose of this paper is to explore the endogenous relationship between production specialisation and market commercialisation with an empirical study of farmers in Northwest China. Design/methodology/approach The three-stage least squares were used to address simultaneity and...
Persistent link: https://www.econbiz.de/10014689969
Persistent link: https://www.econbiz.de/10012636787
Persistent link: https://www.econbiz.de/10012096985
In this paper we model production technology in a state-contingent framework. Our model analyzes production under uncertainty without being explicit about the nature of producer risk preferences. In our model producers’ risk preferences are captured by the risk-neutral probabilities they...
Persistent link: https://www.econbiz.de/10010866057
In this article we model production technology in a state-contingent framework. Our model analyzes production under uncertainty without regard to the nature of producer risk preferences. In our model producers? risk preferences are captured by the risk-neutral probabilities they assign to the...
Persistent link: https://www.econbiz.de/10010910947
Persistent link: https://www.econbiz.de/10011036498
In economics destitution is traditionally interpreted as a product of labour market exclusion. Our work departs from the dominant models of poverty by considering destitution among a specific category of workers known as the working poor. Low wages and job insecurity in the informal sector in...
Persistent link: https://www.econbiz.de/10010743999
The results highlight the importance of robustness tests in identifying predictors or potential determinants of population health, and cast doubts on the findings of previous studies that fail to do so. </AbstractSection> Copyright Springer-Verlag Berlin Heidelberg 2014
Persistent link: https://www.econbiz.de/10010993833