can i do stochastic distance frontier efficiency estimation in shazam?
Yes, this can be done in SHAZAM with some straightforward coding. A good example of using Stochastic Frontier Analysis with various distance functions comparing technical efficiencies of different firms may be found in:
O`Donnell, C. J., D. S. P. Rao and G. E. Battese (2008). "Metafrontier Frameworks for the Study of Firm-level Efficiencies and Technology Ratios." Empirical Economics 34(2): 231-255.
SHAZAM code for performing this may be found in the appendix.
Asked: 2012-06-12 22:05:29 +0000
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Last updated: Aug 25 '12