A selection of relevant issues in applied stochastic frontier analysis

[EN] This paper provides a concise review of a broad set of concepts, models and estimation issues in the field of stochastic frontier analysis. The goal is to provide practitioners with a quick guide to some key ideas. The review is restricted to single-output models estimated by econometric method...

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Detalles Bibliográficos
Autores: Alvarez, Antonio, Arias Sampedro, Carlos
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:España
Institución:Universidad de León
Repositorio:BULERIA. Repositorio Institucional de la Universidad de León
OAI Identifier:oai:buleria.unileon.es:10612/20809
Acceso en línea:https://reunido.uniovi.es/index.php/EBL/article/view/10357
https://hdl.handle.net/10612/20809
Access Level:acceso abierto
Palabra clave:Economía
Stochastic frontiers
Technical inefficiency
Management
Time-varying inefficiency
Latent class models
Descripción
Sumario:[EN] This paper provides a concise review of a broad set of concepts, models and estimation issues in the field of stochastic frontier analysis. The goal is to provide practitioners with a quick guide to some key ideas. The review is restricted to single-output models estimated by econometric methods. Among the conceptual issues are the interpretation and the paths to reduce inefficiency. The modelling and estimation parts deal with topics such as explaining inefficiency, time-varying inefficiency and firm heterogeneity.