Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the...Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the different methods of estimating multi-output frontier for a specific application. The methods include stochastic distance function frontier, stochastic ray frontier, and data envelopment analysis. The stochastic frontier regressions with and without the inefficiency effects model are also com-pared and tested. The results indicate that there are significant correlations between the results obtained from the alternative estimation methods.展开更多
文摘Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the different methods of estimating multi-output frontier for a specific application. The methods include stochastic distance function frontier, stochastic ray frontier, and data envelopment analysis. The stochastic frontier regressions with and without the inefficiency effects model are also com-pared and tested. The results indicate that there are significant correlations between the results obtained from the alternative estimation methods.
