the different model specifications have been proposed to estimate time-varying technical efficiency in the last two decades. these models have resulted different efficiency scores based on their built-in specifications. this study investigates the temporal pattern of technical efficiency based on cornwell, sickles, and schmidt (css, 1990) as well as lee and schmidt (ls, 1993) models. in order t...

This paper examines several extensions of the stochastic frontier that account for unmeasured heterogeneity as well as firm inefficiency. The fixed effects model is extended to the stochastic frontier model using results that specifically employ its nonlinear specification. Based on Monte Carlo results, we find that the incidental parameters problem operates on the coefficient estimates in the ...

Background & Aims: Hospitals are the most important centers that provide health services in the country. They have to use scientific and efficient management at all levels for promoting health. Intensive care units (ICU) are one of the most sensitive parts of the hospitals; therefore, paying attention to its efficiency is of particular importance. The purpose of this paper was to estimate the t...

Due to agriculture is a risky activity and risk models is important in order to analyze the behavior of farmers, hence, in this study, the factors affecting risk-taking and risk aversion is the region grape growers. Data analysis was performed by using stochastic frontier. Data gathered by questionnaires at three counties of Zabol, Hirmand and Zahak at 265 grape farmers in crop year of 2011-201...

This dissertation applies the Bayesian approach as a method to improve the estimation efficiency of existing econometric tools. The first chapter suggests the Continuous Choice Bayesian (CCB) estimator which combines the Bayesian approach with the Continuous Choice (CC) estimator suggested by Imai and Keane (2004). Using simulation study, I provide two important findings. First, the CC estimato...

The concept of efficiency is important in economic science; at present, its role every sector the economy growing. Evaluating an enterprise’s makes it possible to implement a correct and profitable strategy resource allocation, which shows potential level Given annual increase number bankrupt enterprises, issue estimating enterprises relevant for both their owners managers, as well creditors. T...

China’s banking system has a relatively high level of state control, while an important task in regulating the is to manage profitability banks. Using stochastic frontier approach assess commercial banks not only allows for bank’s ability generate profits relative leading industry be assessed but also takes into account specifics management technologies used and influence market environment. Th...