Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Shih-Tang Hwu"'
Estimation and efficiency evaluation of stochastic frontier models with interval dependent variables
Publikováno v:
Journal of Productivity Analysis. 56:33-44
This paper considers the maximum likelihood estimation of a stochastic frontier production function with an interval outcome. We derive an analytical formula for calculating the likelihood function of interval stochastic frontier models. Monte Carlo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::38e4547d0b8b8dcf38844855e0c917bf
https://doi.org/10.1007/s11123-021-00609-w
https://doi.org/10.1007/s11123-021-00609-w
Publikováno v:
Macroeconomic Dynamics. 25:1937-1965
We develop an N-regime Markov-switching model in which the latent state variable driving the regime switching is endogenously determined with the model disturbance term. The models structure captures a wide variety of patterns of endogeneity and yiel
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::85f85f90de51c01784dc76c9f985f4fd
https://doi.org/10.1017/s1365100519000920
https://doi.org/10.1017/s1365100519000920
Autor:
Shih Tang Hwu, Chang-Jin Kim
Publikováno v:
Journal of Money, Credit and Banking. 51:2305-2319
Building on the work of Stock and Watson (2007), this paper empirically shows that a negative correlation between innovations to trend inflation and the inflation gap plays an important role in the dynamics of postwar U.S. inflation. Additional featu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e80271ee7468e467728c971b65bc1e96
https://doi.org/10.1111/jmcb.12600
https://doi.org/10.1111/jmcb.12600
Autor:
Wen-Jen Tsay, Shih-Tang Hwu
Publikováno v:
SSRN Electronic Journal.
As vividly demonstrated in Maddala (1983), limited and qualitative dependent variables are often encountered in modern econometric analysis. However, analytical methods for evaluating technical efficiency of stochastic frontier analysis can only be a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bad8a5c7f8f1162117ce9970a863166d
https://doi.org/10.2139/ssrn.3007087
https://doi.org/10.2139/ssrn.3007087