Recent Advances in the Panel Stochastic Frontier Models: Heterogeneity, Endogeneity and Dependence

This paper primarily reviews the panel stochastic frontier (SF) model in which the composite error term [Formula: see text] has four components, i.e. [Formula: see text] where [Formula: see text] and [Formula: see text] are the persistent and transient inefficiency components, [Formula: see text] is...

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Bibliographic Details

Published in:	International Journal of Empirical Economics
Main Authors:	Subal C. Kumbhakar, Hung-Pin Lai
Format:	Article
Language:	English
Published:	World Scientific Publishing 2022-03-01
Subjects:	Panel data endogeneity persistent inefficiency transient inefficiency allocative inefficiency proxy variable
Online Access:	https://www.worldscientific.com/doi/10.1142/S2810943022500020