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: | Feng, Qu., Horrace, William C. |
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Other Authors: | School of Humanities and Social Sciences |
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 |
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