Title of article
Frontier estimation in nonparametric location-scale models
Author/Authors
Florens، نويسنده , , Jean-Pierre and Simar، نويسنده , , Léopold and Van Keilegom، نويسنده , , Ingrid، نويسنده ,
Issue Information
دوفصلنامه با شماره پیاپی سال 2014
Pages
15
From page
456
To page
470
Abstract
Conditional efficiency captures efficiency of firms facing heterogeneous environmental conditions. Traditional approaches estimate nonparametrically conditional distribution requiring smoothing techniques. We rather use a flexible nonparametric location-scale model to eliminate the dependence of inputs/outputs on these factors. These “pre-whitened” inputs/outputs define the optimal frontier function and a “pure” measure of efficiency more reliable to produce rankings, since the influence of external factors has been eliminated. Both full and order- m frontiers are used. The asymptotic properties are established. We can also derive the frontiers in the original units with their asymptotic properties. The approach is illustrated with some simulated and real data.
Keywords
Conditional efficiency , Nonparametric frontiers , Robust estimation of frontiers , Efficiency analysis
Journal title
Journal of Econometrics
Serial Year
2014
Journal title
Journal of Econometrics
Record number
2129454
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