Frontier estimation in nonparametric location-scale models

A-Tier
Journal: Journal of Econometrics
Year: 2014
Volume: 178
Issue: P3
Pages: 456-470

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Conditional efficiency captures efficiency of firms facing heterogeneous environmental conditions. Traditional approaches estimate nonparametrically conditional distribution requiring smoothing techniques. We rather use a flexible nonparametric location-scale model to eliminate the dependence of inputs/outputs on these factors. These “pre-whitened” inputs/outputs define the optimal frontier function and a “pure” measure of efficiency more reliable to produce rankings, since the influence of external factors has been eliminated. Both full and order-m frontiers are used. The asymptotic properties are established. We can also derive the frontiers in the original units with their asymptotic properties. The approach is illustrated with some simulated and real data.

Technical Details

RePEc Handle
repec:eee:econom:v:178:y:2014:i:p3:p:456-470
Journal Field
Econometrics
Author Count
3
Added to Database
2026-01-29