Stationary Points for Parametric Stochastic Frontier Models

A-Tier
Journal: Journal of Business & Economic Statistics
Year: 2020
Volume: 38
Issue: 3
Pages: 516-526

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

Stationary point results on the normal–half-normal stochastic frontier model are generalized using the theory of the Dirac delta, and distribution-free conditions are established to ensure a stationary point in the likelihood as the variance of the inefficiency distribution goes to zero. Stability of the stationary point and “wrong skew” results are derived or simulated for common parametric assumptions on the model. We discuss identification and extensions to more general stochastic frontier models.

Technical Details

RePEc Handle
repec:taf:jnlbes:v:38:y:2020:i:3:p:516-526
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-29