A constrained state space approach for estimating firm efficiency

C-Tier
Journal: Economics Letters
Year: 2017
Volume: 152
Issue: C
Pages: 54-56

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

In this study a panel data state space approach is used to estimate efficiencies of productive units where the states are required to lie in a closed convex constraint set. The constraints are imposed by using oblique projections of state variables onto the constraint set. This approach provides a flexible approximation that can capture the time-varying pattern of firm specific efficiency.

Technical Details

RePEc Handle
repec:eee:ecolet:v:152:y:2017:i:c:p:54-56
Journal Field
General
Author Count
1
Added to Database
2026-01-25