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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Bibliographic Details
Main Authors: Feng, Qu., Horrace, William C.
Other Authors: School of Humanities and Social Sciences
Format: Article
Language:English
Published: 2013
Online Access:https://hdl.handle.net/10356/100628
http://hdl.handle.net/10220/13250
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Institution: Nanyang Technological University
Language: English