Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7349325 | Economics Letters | 2018 | 13 Pages |
Abstract
We propose a flexible dynamic panel stochastic frontier model with a feasible estimation strategy. The model accommodates individual heterogeneity and allows for an ARMA(p,q) specification of the model's serial correlations. Distribution assumptions are also flexible. The dynamics are specified through the composed error of the model, rather than through its individual components.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yu-Fan Huang, Sui Luo, Hung-Jen Wang,