Misspecification in allocative inefficiency: A simulation study

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 118
Issue: 1
Pages: 151-154

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

We make an extensive simulation analysis in order to investigate the consequences of ignoring the potentially complex and data dependent effects of allocative inefficiency on the estimation of stochastic frontier panel data models. Generally system estimators perform worse than single equation estimators. This result holds even when we approximate the allocative inefficiency.

Technical Details

RePEc Handle
repec:eee:ecolet:v:118:y:2013:i:1:p:151-154
Journal Field
General
Author Count
1
Added to Database
2026-01-25