Panel estimators and the identification of firm-specific efficiency levels in parametric, semiparametric and nonparametric settings

Journal of Econometrics

Volumn 126, Issue 2, 2005, Pages 305-334

  Sickles, Robin C ^a  

^a RICE UNIVERSITY   (United States)

Author keywords

Frontier production; Nonparametric methods; Productivity

Indexed keywords

COMPUTER SIMULATION; EFFICIENCY; ERROR ANALYSIS; LINEAR PROGRAMMING; MONTE CARLO METHODS; PRODUCTIVITY; RANDOM PROCESSES;

EFFICIENCY MEASUREMENT; FRONTIER PRODUCTION; NONPARAMETRIC METHODS; PANEL ESTIMATORS; STATISTICAL EFFICIENCY;

PARAMETER ESTIMATION;

EID: 14844318573     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jeconom.2004.05.004     Document Type: Article

References (63)

1. R.M. Adams, and R.C. Sickles Semi-parametric efficient distribution free estimation of panel models 1999 Mimeo Rice University
2. R.M. Adams, A.N. Berger, and R.C. Sickles Computation and inference in semiparametric efficient estimation H. Amman B. Rustem A. Whinston Advances in Computational Economics 1997 Kluwer Academic Boston 57 70
3. R.M. Adams, A.N. Berger, and R.C. Sickles Semiparametric approaches to stochastic panel frontiers with applications in the banking industry Journal of Business and Economic Statistics 17 1999 349 358
4. S. Afriat Efficiency estimation of a production function International Economic Review 13 1972 568 598
5. S. Ahn, D. Good, and R.C. Sickles Assessing the relative efficiency of Asian and North American airline firms Fu. Tsu-tan Cliff J. Huang C.A.K. Lovell Economic Efficiency and Productivity Growth in the Asia Pacific Region 1998 Edward Elgar Publishing Limited UK 65 89 (Chapter 4)
6. S. Ahn, D. Good, and R.C. Sickles Estimation of long-run inefficiency levels a dynamic frontier approach Econometric Reviews 19 2000 461 492
7. D.J. Aigner, C.A.K. Lovell, and P. Schmidt Formulation and estimation of stochastic frontier models Journal of Econometrics 6 1977 21 23
8. M.S. Alam, and R.C. Sickles Time series analysis of deregulatory dynamics and technical efficiency the case of the US airline industry International Economic Review 41 2000 203 218
9. S. Atkinson, and C. Cornwell Parametric estimation of technical and allocative inefficiency with panel data International Economic Review 35 1994 231 244
10. S. Atkinson, and R. Halvorsen A test of relative and absolute price efficiency in regulated industries Review of Economics and Statistics 62 1980 81 88
11. B. Baltagi The Econometric Analysis of Panel Data 1995 Wiley New York
12. R.D. Banker, A. Charnes, and W.W. Cooper Some models for estimating technical and scaled inefficiencies in data envelopment analysis Management Science 32 1984 1613 1627
13. G.E. Battese, and T.J. Coelli Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data Journal of Econometrics 38 1988 387 399
14. G.E. Battese, and T.J. Coelli Frontier production functions, technical efficiency and panel data with application to paddy farmers in India Journal of Productivity Analysis 3 1992 153 169
15. G.E. Battese, and G.S. Cora Estimation of a production frontier model with application to the pastoral zone of eastern Australia Australian Journal of Agricultural Economics 21 1977 169 179
16. J.M. Begun, W.J. Hall, W.M. Huang, and J.A. Wellner Information and asymptotic efficiency in parametric-nonparametric models Annals of Statistics 11 1983 432 452
17. A.N. Berger, and D.B. Humphrey Efficiency of financial institutions international survey and directions for future research European Journal of Operational Research 98 1997 175 212
18. A.N. Berger, A.K. Kashyap, and J.M. Scalise The transformation of the US banking industry what a long strange trip it's been Brookings Papers on Economic Activity 2 1995 55 218
19. P.J. Bickel, C.A.J. Klaassen, Y. Ritov, and J.A. Wellner Efficient and Adaptive Estimation in Non- and Semi-Parametric Models 1993 Johns Hopkins University Press Baltimore
20. A. Charnes, W.W. Cooper, and E.L. Rhodes Measuring the efficiency of decision making units European Journal of Operational Research 2 1978 429 444
21. T. Coelli, D.S.P. Rao, and G.E. Battese An Introduction to Efficiency and Productivity Analysis 1998 Kluwer Academic Publishers Boston
22. C. Cornwell, P. Schmidt, and R.C. Sickles Production frontiers with cross-sectional and time-series variation in efficiency levels Journal of Econometrics 46 1990 185 200
23. G. Debreu The coefficient of resource utilization Econometrica 19 1951 273 292
24. R. Färe, S. Grosskopf, and C.A.K. Lovell The Measurement of the Efficiency of Production 1985 Kluwer Academic Publishers Boston
25. R. Färe, S. Grosskopf, and C.A.K. Lovell Production Frontiers 1994 Cambridge University Press Cambridge
26. M. Farrell The measurement of productive efficiency Journal of the Royal Statistical Society, Series A 120 1957 253 282
27. C. Fernández, G. Koop, and M. Steel Alternative efficiency measures for multiple-output production. Journal of Econometrics, this issue 2004
28. B.-H. Gong, and R.C. Sickles Finite sample properties of stochastic frontier models using panel data Journal of Productivity Analysis 1990 229 261
29. B.-H. Gong, and R.C. Sickles A comparison between stochastic frontier and data envelopment methods using panel data Journal of Econometrics 51 1992 259 284
30. Good, D.H., Nadiri, M.I., Sickles, R.C., 1991. The structure of production and technical change in a multiproduct firm: an application to U.S. airlines. National Bureau of Economic Research Working Paper No. 3939, Cambridge.
31. Good, D.H., Nadiri, M.I., Sickles, R.C., 1997. Index number and factor demand approaches to the estimation of productivity. In: Pesaran, M.H., Schmidt, P. (Eds.), Handbook of Applied Economics, Microeconometrics, vol. 2. Basil Blackwell, Oxford, pp. 14-80; reprinted as National Bureau of Economic Research Working Paper # 5790, 1996, Cambridge.
32. Good, D.H., Nadiri, M.I., Sickles, R.C., 1997. Index number and factor demand approaches to the estimation of productivity. In: Pesaran, M.H., Schmidt, P. (Eds.), Handbook of Applied Economics, Microeconometrics, vol. 2. Basil Blackwell, Oxford, pp. 14-80; reprinted as National Bureau of Economic Research Working Paper # 5790, 1996, Cambridge.
33. Greene, W., 1980. Maximum likelihood estimation of econometric frontier functions. Journal of Econometrics 13, 27-56.
34. W.H. Greene Frontier production functions M.H. Pesaran P. Schmidt Handbook of Applied Economics, Microeconometrics vol. 2 1997 Basil Blackwell Oxford 81 166 (Chapter 2)
35. Greene, W.H., 2003. Simulated maximum likelihood estimation of normal-gamma stochastic frontier models. Journal of Productivity Analysis 19, 179-190.
36. J.A. Hausman, and W.E. Taylor Panel data and unobservable individual effects Econometrica 49 1981 1377 1398
37. Ibragimov, I.A., Has'minskii, R.Z., 1981. Statistical Estimation: Asymptotic Theory. Springer, New York.
38. J. Jondrow, C.A.K. Lovell, I.S. Materov, and P. Schmidt On the estimation of technical inefficiency in stochastic frontier production model Journal of Econometrics 19 1982 233 238
39. A. Kneip Nonparametric estimation of common regressors for similar curve data Annals of Statistics 22 1994 1386 1427
40. A. Kneip, R.C. Sickles, and W.H. Song On estimating a mixed effects model with applications to the U.S. banking industry 2003 Mimeo Rice University
41. S. Kumbhakar The specification of technical and allocative inefficiency in stochastic frontier production and profit functions Journal of Econometrics 34 1987 335 348
42. S. Kumbhakar Production frontiers and panel data, and time varying technical inefficiency Journal of Econometrics 46 1990 201 211
43. L. Lau, and P. Yotopoulos A test for relative efficiency and application to Indian agriculture American Economic Review 61 1971 94 109
44. Y. Lee, and P. Schmidt A production frontier model; with flexible temporal variation in technical efficiency H. Fried K. Lovell S. Schmidt The Measurement of Productive Efficiency 1993 Oxford University Press New York
45. C.A.K. Lovell, and S. Kumbakar Stochastic Frontier Analysis 2000 Cambridge University Press New York
46. C.A.K. Lovell, and R.C. Sickles Testing efficiency hypotheses in joint production a parametric approach Review of Economics and Statistics 65 1983 51 58
47. W. Meeusen, and J. van den Broeck Efficiency estimation from Cobb-Douglas production functions with composed error International Economic Review 18 1977 435 444
48. W.K. Newey Semiparametric efficiency bounds Journal of Applied Econometrics 5 1990 99 136
49. P. Pagan, and A. Ullah Non-parametric Econometrics 1999 Cambridge University Press New York
50. B.U. Park, and L. Simar Efficient semiparametric estimation in stochastic frontier models Journal of the American Statistical Association 89 427 1994 929 936
51. B.U. Park, R.C. Sickles, and L. Simar Stochastic frontiers a semiparametric approach Journal of Econometrics 84 1998 273 301
52. Park, B.U., Sickles, R.C., Simar, L., 2003a. Semiparametric efficient estimation of ar(1) panel data models. Journal of Econometrics 117, 279-309.
53. Park, B.U., Sickles, R.C., Simar, L., 2003b. Semiparametric efficient estimation of dynamic panel data models. Mimeo, Rice University.
54. M.M. Pitt, and L.-F. Lee The measurement and sources of technical inefficiency in Indonesian weaving industry Journal of Development Economics 9 1981 43 64
55. C. Ritter, and L. Simar Pitfalls of normal-gamma stochastic frontier models Journal of Productivity Analysis 8 1997 167 182
56. P. Schmidt, and R.C. Sickles Production frontiers and panel data Journal of Business and Economic Statistics 2 1984 367 374
57. R.W. Shephard Cost and Production Functions 1953 Princeton University Press Princeton
58. R.W. Shephard Theory of Cost and Production Functions 1970 Princeton University Press Princeton
59. R.C. Sickles, D.H. Good, and R. Johnson Allocative distortions and the regulatory transition of the airline industry Journal of Econometrics 33 1986 143 163
60. L. Simar, and P. Wilson Estimating and bootstrapping Malmquist indices European Journal of Operational Research 115 1999 459 471
61. L. Simar, and P. Wilson A general methodology for bootstrapping in nonparametric frontier models Journal of Applied Statistics 27 2000 779 802
62. Y. Toda Estimation of a cost function when the cost is not minimum the case of Soviet manufacturing industries: 1958-1971 Review of Economics and Statistics 58 1976 259 268
63. J. van den Broeck, G. Koop, and J. Osiewalski Stochastic frontier models: a Bayesian perspective Journal of Econometrics 61 1994 273 303