Estimating technical efficiency in micro panels

Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency ranks as the traditional measure, its corresponding boots...

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Main Authors: Feng, Qu., Horrace, William C.
Other Authors: School of Humanities and Social Sciences
Format: Journal Article
Language:English
Published: 2013
Online Access:https://hdl.handle.net/10356/100628
http://hdl.handle.net/10220/13250
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author Feng, Qu.
Horrace, William C.
author2 School of Humanities and Social Sciences
author_facet School of Humanities and Social Sciences
Feng, Qu.
Horrace, William C.
author_sort Feng, Qu.
collection NTU
description Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities.
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spelling ntu-10356/1006282020-03-07T12:10:41Z Estimating technical efficiency in micro panels Feng, Qu. Horrace, William C. School of Humanities and Social Sciences Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities. 2013-08-28T03:33:11Z 2019-12-06T20:25:38Z 2013-08-28T03:33:11Z 2019-12-06T20:25:38Z 2012 2012 Journal Article Feng, Q., & Horrace, W. C. (2012). Estimating technical efficiency in micro panels. Economics Letters, 117(3), 730-733. 0165-1765 https://hdl.handle.net/10356/100628 http://hdl.handle.net/10220/13250 10.1016/j.econlet.2012.08.031 en Economics letters
spellingShingle Feng, Qu.
Horrace, William C.
Estimating technical efficiency in micro panels
title Estimating technical efficiency in micro panels
title_full Estimating technical efficiency in micro panels
title_fullStr Estimating technical efficiency in micro panels
title_full_unstemmed Estimating technical efficiency in micro panels
title_short Estimating technical efficiency in micro panels
title_sort estimating technical efficiency in micro panels
url https://hdl.handle.net/10356/100628
http://hdl.handle.net/10220/13250
work_keys_str_mv AT fengqu estimatingtechnicalefficiencyinmicropanels
AT horracewilliamc estimatingtechnicalefficiencyinmicropanels