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Technical efficiency in noisy multi-output settings

Gstach, Dieter (1998) Technical efficiency in noisy multi-output settings. Department of Economics Working Paper Series, 59. Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business, Vienna.

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Abstract

This paper surveys four distinct approaches to frontier estimation of multi-output (and simultaneously multi-input) technologies, when nothing but noisy quantity data are available. Parametrized distributions for inefficiency and noise are necessary for identification of inefficiency, when only cross-sectional data are available. In other respects suitable techniques may differ widely, as is shown. A final technique presented rigorously exploits the possibilities from panel-data by dropping parametrization of distributions as well as functional forms. It is illustrated how this last technique can be coupled with the others to provide a state-of-the-art estimation procedure for this setting. (author's abstract)

Item Type: Paper
Keywords: technical efficiency / stochastic frontier / stochastic DEA / multi-output / non-parametric estimation
Classification Codes: JEL D24, C24, C14
Divisions: Departments > Volkswirtschaft
Depositing User: Repository Administrator
Date Deposited: 01 Mar 2002 09:33
Last Modified: 08 Jun 2011 18:25
WU Online Catalog: http://onlinekatalog.wu.ac.at/F?func=find-b&reques...
URI: http://epub.wu.ac.at/id/eprint/1282

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