Estimating technical efficiency in micro panels

• 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
• Institution: Nanyang Technological University

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...