| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059704 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Fixed-effects estimation of technical efficiency requires no distributional assumptions in panels. ⺠Inference based on the traditional efficiency measure is inaccurate in micro panels. ⺠We propose an alternative efficiency measure with the same estimated efficiency ranks as the traditional measure. ⺠Bootstrap confidence intervals for the new efficiency measure have better coverage probabilities.
Related Topics
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Economics, Econometrics and Finance
Economics and Econometrics
Authors
Qu Feng, William C. Horrace,