On the estimation of spatial stochastic frontier models:an alternative skew-normal approach
| Autor: | Thomas de Graaff |
|---|---|
| Přispěvatelé: | Spatial Economics, Tinbergen Institute |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Computer science
Estimation theory 05 social sciences Skew General Social Sciences Context (language use) R15 Function (mathematics) R11 Term (time) Consistency (statistics) Sample size determination 0502 economics and business Applied mathematics 050207 economics Spatial dependence 050205 econometrics General Environmental Science |
| Zdroj: | de Graaff, T 2020, ' On the estimation of spatial stochastic frontier models : an alternative skew-normal approach ', Annals of Regional Science, vol. 64, no. 2, pp. 267-285 . https://doi.org/10.1007/s00168-019-00928-9 Annals of Regional Science, 64(2), 267-285. Springer Verlag |
| ISSN: | 0570-1864 |
| DOI: | 10.1007/s00168-019-00928-9 |
| Popis: | This paper deals with an alternative approach to combine spatial dependence and stochastic frontier models using a large statistical literature on skew-normal distribution functions. I show how to combine a spatial dependence structure with a stochastic frontier model, that is, (1) straightforward to estimate, (2) able to combine spatial dependence and a technical efficiency term in a single error term, and (3) produce consistent estimates. With smaller sample sizes estimation of the parameter, governing technical efficiencies becomes imprecise. The consistency of parameter estimation is shown using simulations, and I provide an empirical application to estimate spatially correlated technical efficiencies within an European regional production function context. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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