Article ID Journal Published Year Pages File Type
6868922 Computational Statistics & Data Analysis 2017 25 Pages PDF
Abstract
This study proposes a robust estimator for stochastic frontier models by integrating the idea of Basu et al. (1998) into such models. It is shown that the suggested estimator is strongly consistent and asymptotic normal under regularity conditions. The robust properties of the proposed approach are also investigated. A simulation study demonstrates that the estimator has strong robust properties with little loss in asymptotic efficiency relative to the maximum likelihood estimator. Finally, a real data analysis is performed to illustrate the use of the estimator.
Related Topics
Physical Sciences and Engineering Computer Science Computational Theory and Mathematics
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