Misspecification preferred: The sensitivity of inefficiency rankings

Journal of Productivity Analysis

Volumn 23, Issue 2, 2005, Pages 223-244

  Jensen, Uwe ^a  

^a UNIVERSITY OF KIEL   (Germany)

Author keywords

Inefficiency rankings; Misspecification; Parametric frontiers; Sensitivity; Simulation

Indexed keywords

EID: 18244395834     PISSN: 0895562X     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11123-005-1330-y     Document Type: Article

References (21)

1. Aigner, D. J. and S.-F. Chu. (1968). "On Estimating the Industry Production Function." American Economic Review 58, 826-839.
2. Aigner, D. J., C. A. K. Lovell and P. Schmidt. (1977). "Formulation and Estimation of Stochastic Frontier Production Function Models." Journal of Econometrics 6, 21-37.
3. Banker, R. D., A. Charnes, W. W. Cooper and A. Maindiratta. (1988). "A Comparison of DEA and Translog Estimates of Production Functions Using Simulated Data from a Known Technology." In A. Dagramaci and R. Färe (eds.), Applications of Modern Production Theory-Efficiency and Productivity. Boston: Kluwer.
4. Banker, R. D., V. M. Gadh and W. L. Gorr. (1993). "A Monte Carlo Comparison of Two Production Frontier Estimation Methods: Corrected Ordinary Least Squares and Data Envelopment Analysis." European Journal of Operational Research 67, 332-343.
5. Caudill, S. B., J. M. Ford and D. M. Cropper. (1995). "Frontier Estimation and Firm-Specific Inefficiency Measures in the Presence of Heteroscedasticity." Journal of Business & Economic Statistics 13, 105-111.
6. Coelli, T. (1995). "Estimators and Hypothesis Tests for a Stochastic Frontier Function: A Monte Carlo analysis." Journal of Productivity Analysis 6, 247-268.
7. Coelli, T., D. S. P. Rao and G. E. Battese. (1998). An Introduction to Efficiency and Productivity Analysis. Boston: Kluwer.
8. Farrell, M. J. (1957). "The Measurement of Productive Efficiency." Journal of the Royal Statistical Society A 120, 253-290.
9. Gong, B.-H. and R. C. Sickles. (1992). "Finite Sample Evidence on the Performance of Stochastic Frontiers and Data Envelopment Analysis Using Panel Data." Journal of Econometrics 51, 259-284.
10. Greene, W. H. (1980). "Maximum Likelihood Estimation of Econometric Frontier Functions." Journal of Econometrics 13, 27-56.
11. Greene, W. H. (1997). "Frontier Production Functions." In M.H. Pesaran and P. Schmidt (eds.), Handbook of Applied Econometrics. Cambridge: Blackwell.
12. Jensen, U. (2000). "Is it Efficient to Analyse Efficiency Rankings?" Empirical Economics 25(2), 189-208.
13. Jensen, U. (2001a). Robuste Frontierfunktionen, methodologische Anmerkungen und Ausbildungsadäquanzmessung. Frankfurt: Peter Lang.
14. Jensen, U. (2001b). "The Simplicity of an Earnings Frontier." In A. Zellner, H. A. Keuzenkamp and M. McAleer (eds.), Simplicity, Inference and Modelling. Cambridge: Cambridge University Press.
15. Jondrow, J., C. A. K. Lovell, I. S. Materov and P. Schmidt. (1982). "On the Estimation of Technical Inefficiency in the Stochastic Frontier Production Function Model." Journal of Econometrics 19, 233-238.
16. Meeusen, W. and J. van den Broeck. (1977). "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error." International Economic Review 18, 435-444.
17. Olson, J. A., P. Schmidt and D. M. Waldman. (1980). "A Monte Carlo Study of Estimators of Stochastic Frontier Production Functions." Journal of Econometrics 13, 67-82.
18. Ondrich, J. and J. Ruggiero. (2001). "Efficiency Measurement in the Stochastic Frontier Model." European Journal of Operational Research 129, 434-442.
19. Ruggiero, J. (1999). "Efficiency Estimation and Error Decomposition in the Stochastic Frontier Model: A Monte Carlo Analysis." European Journal of Operational Research 115, 555-563.
20. Seaver, B. L. and K. P. Triantis. (1995). "The Impact of Outliers and Leverage Points for Technical Efficiency Measurement Using High Breakdown Procedures." Management Science 41/5, 937-956.
21. Winsten, C. B. (1957). "Discussion on Mr. Farrell's Paper." Journal of the Royal Statistical Society A 120, 282-284.