Measuring technical and allocative inefficiency in the translog cost system: a Bayesian approach

DOI10.1016/j.jeconom.2004.05.006zbMath1334.62221OpenAlexW2008056821MaRDI QIDQ262768

Subal C. Kumbhakar, Efthymios G. Tsionas

Publication date: 30 March 2016

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jeconom.2004.05.006

zbMATH Keywords

panel datatechnical efficiencyMarkov chain Monte Carlo techniquesnonlinear random effect models and commercial bankstranslog cost function system

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Bayesian inference (62F15) Statistical methods; economic indices and measures (91B82)

Related Items (16)

Pitfalls in the estimation of a cost function that ignores allocative inefficiency: a Monte Carlo analysis ⋮ Estimation of technical and allocative inefficiency: a primal system approach ⋮ Estimation of a partially linear seemingly unrelated regressions model: application to a translog cost system ⋮ A review of bank efficiency and productivity ⋮ Endogeneity in stochastic frontier models ⋮ Parameters measuring bank risk and their estimation ⋮ Technical and allocative efficiency in European banking ⋮ The profit function system with output- and input-specific technical efficiency ⋮ Technical and allocative efficiency in a panel stochastic production frontier system model ⋮ Bayesian estimation approaches to first-price auctions ⋮ Maximum likelihood estimation of stochastic frontier models by the Fourier transform ⋮ A zero inefficiency stochastic frontier model ⋮ Some recent developments in efficiency measurement in stochastic frontier models ⋮ Endogenous productivity: a new Bayesian perspective ⋮ Imposing and Testing for Shape Restrictions in Flexible Parametric Models ⋮ On the Joint Estimation of Heterogeneous Technologies, Technical, and Allocative Inefficiency

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