A microfoundation for stochastic frontier analysis

Koki Oikawa

doi:10.1016/j.econlet.2015.12.006

A microfoundation for stochastic frontier analysis

Koki Oikawa

社会科学部

研究成果: Article › 査読

4 被引用数 (Scopus)

抄録

This paper provides a microfoundation for distributions of technical inefficiency in parametric stochastic production frontier analysis. It shows that dial-setting technology à la Jovanovic and Nyarko (1996) implies a gamma distribution with a specific set of parameters that depends on a manager's experience or his/her prediction ability.

本文言語	English
ページ（範囲）	15-17
ページ数	3
ジャーナル	Economics Letters
巻	139
DOI	https://doi.org/10.1016/j.econlet.2015.12.006
出版ステータス	Published - 2016 2 1

ASJC Scopus subject areas

経済学、計量経済学
財務

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10.1016/j.econlet.2015.12.006

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abstract = "This paper provides a microfoundation for distributions of technical inefficiency in parametric stochastic production frontier analysis. It shows that dial-setting technology {\`a} la Jovanovic and Nyarko (1996) implies a gamma distribution with a specific set of parameters that depends on a manager's experience or his/her prediction ability.",

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AB - This paper provides a microfoundation for distributions of technical inefficiency in parametric stochastic production frontier analysis. It shows that dial-setting technology à la Jovanovic and Nyarko (1996) implies a gamma distribution with a specific set of parameters that depends on a manager's experience or his/her prediction ability.

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JO - Economics Letters

JF - Economics Letters

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A microfoundation for stochastic frontier analysis

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