Estimating technical efficiency in micro panels
Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency ranks as the traditional measure, its corresponding boots...
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| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
2013
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| Online Access: | https://hdl.handle.net/10356/100628 http://hdl.handle.net/10220/13250 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage
probabilities. We propose an alternative efficiency measure involving the mean of the firm effects. With
the same estimated efficiency ranks as the traditional measure, its corresponding bootstrap confidence
intervals have better coverage probabilities. |
|---|