Examining the determinants of efficiency using a latent class stochastic frontier model

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15 صفحه اول

Properties of Technical Efficiency Estimators in the Stochastic Frontier Model

The estimation of frontier cost and production functions has been given impetus by the introduction of the stochastic frontier.’ This model is distinguished by a disturbance term composed of two parts a one-sided component, non-positive for production functions and non-negative for cost functions, representing the degree of inefficiency, and a symmetric component representing the usual statisti...

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ژورنال

عنوان ژورنال: Cogent Economics & Finance

سال: 2015

ISSN: 2332-2039

DOI: 10.1080/23322039.2015.1124741