Reprint of: Formulation and estimation of stochastic frontier production function models

被引:4
作者
Aigner, Dennis [1 ,2 ]
Lovell, C. A. Knox [3 ]
Schmidt, Peter [3 ]
机构
[1] Univ Wisconsin, Madison, WI 53706 USA
[2] Univ Southern Calif, Los Angeles, CA 90007 USA
[3] Univ N Carolina, Chapel Hill, NC 27514 USA
关键词
Stochastic models - Stochastic systems;
D O I
10.1016/j.jeconom.2023.01.023
中图分类号
F [经济];
学科分类号
02 ;
摘要
Previous studies of the so-called frontier production function have not utilized an adequate characterization of the disturbance term for such a model. In this paper we provide an appropriate specification, by defining the disturbance term as the sum of symmetric normal and (negative) half-normal random variables. Various aspects of maximum-likelihood estimation for the coefficients of a production function with an additive disturbance term of this sort are then considered. (c) 2023 Published by Elsevier B.V.
引用
收藏
页码:15 / 24
页数:10
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