Economic Efficiency and Frontier Techniques
综述了参数与非参数前沿方法在经济效率测量中的优缺点,并讨论了贝叶斯、自助法、对偶理论等最新进展,帮助研究者根据数据和研究框架选择合适方法。
Abstract. Most of the literature related to the measurement of economic efficiency has based its analysis either on parametric or on non‐parametric frontier methods. The choice of estimation method has been an issue of debate, with some researchers preferring the parametric and others the non‐parametric approach. The aim of this paper is to provide a critical and detailed review of both core frontier methods. In our opinion, no approach is strictly preferable to any other. Moreover, a careful consideration of their main advantages and disadvantages, of the data set utilized, and of the intrinsic characteristics of the framework under analysis will help us in the correct implementation of these techniques. Recent developments in frontier techniques and economic efficiency measurement such as Bayesian techniques, bootstrapping, duality theory and the analysis of sampling asymptotic properties are also considered in this paper.