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Article
Estimation of inefficiency in stochastic frontier models: a Bayesian kernel approach
We propose a kernel-based Bayesian framework for the analysis of stochastic frontiers and efficiency measurement. The primary feature of this framework is that the unknown distribution of inefficiency is appro...
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Article
Open AccessEstimation of technical change and price elasticities: a categorical time–varying coefficient approach
We propose a categorical time-varying coefficient translog cost function, where each coefficient is expressed as a nonparametric function of a categorical time variable, thereby allowing each time period to ha...
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Article
Productivity and efficiency at bank holding companies in the U.S.: a time-varying heterogeneity approach
This paper investigates the productivity and efficiency of large bank holding companies (BHCs) in the United States over the period 2004–2013, by estimating a translog stochastic distance frontier (SDF) model ...