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recursive thick frontier approach

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A Recursive Thick Frontier Approach To Estimating Production Efficiency
We introduce a new panel data estimation technique for cost and production functions: the Recursive Thick Frontier Approach RTFA. RTFA has two advantages over existing thick frontier methods. First, technical inefficiency is allowed to be dependent on the explanatory variables of the frontier model. Secondly, no distributional assumptions are imposed...
Tags: Inefficiency, Recursive Thick Frontier Approach, Productivity
White papers 2005-03-01
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