Maximum likelihood estimation of the revenue function system with output-specific technical efficiency

DOI10.1016/J.ECONLET.2015.11.021MaRDI QIDQ1667989zbMATH OpenOpenAlexFDO

Authors Subal C. Kumbhakar, Hung-Pin Lai

Publication date 31 August 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2015.11.021

zbMATH Keywords

closed skew-normal distributionstochastic frontiertechnical inefficiencytransformation function

Mathematics Subject Classification ID

Point estimation (62F10) Applications of statistics to economics (62P20)

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Cites work

• A multivariate skew normal distribution.
• Consistent estimation of the fixed effects stochastic frontier model
• Probabilistic characterization of directional distances and their robust versions
• Statistical inference for DEA estimators of directional distances

Cited in

(6)

• Estimating output-specific efficiencies
• The profit function system with output- and input-specific technical efficiency
• Some properties of the unified skew-normal distribution
• A multi-output multi-input stochastic frontier system with input- and output-specific inefficiency
• Generalized quadratic revenue functions
• Marginal-sum and maximum-likelihood estimation in a multiplicative tariff

Describes a project that uses

Uses Software

• Stata

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