Practical illustrations of the two recent contributions to stochastic frontier models

Yoshihiko Tsukuda; Tatsuyoshi Miyakoshi

doi:10.1080/13504850500393022

Practical illustrations of the two recent contributions to stochastic frontier models

Yoshihiko Tsukuda, Tatsuyoshi Miyakoshi

Leadership

Research output: Contribution to journal › Article › peer-review

Abstract

In a recent year, the conditional expectation for technical inefficiency (i.e., the predictor) in stochastic frontier production models and its confidence interval are proved to be increasing in the individual firm's inefficiency effect, which is defined as the mean of the normal distribution that is truncated at zero. This paper illustrates how the two recent contributions work in practice and how these findings are significant, by using the Battese and Coelli (1995) type specification and giving an empirical study on the Japanese pharmaceutical industry.

Original language	English
Pages (from-to)	229-233
Number of pages	5
Journal	Applied Economics Letters
Volume	13
Issue number	4
DOIs	https://doi.org/10.1080/13504850500393022
Publication status	Published - 2006 Mar 15

ASJC Scopus subject areas

Economics and Econometrics

Access to Document

10.1080/13504850500393022

Fingerprint Dive into the research topics of 'Practical illustrations of the two recent contributions to stochastic frontier models'. Together they form a unique fingerprint.

Cite this

@article{3bc635191f084657b220e352b7490cd2,

title = "Practical illustrations of the two recent contributions to stochastic frontier models",

abstract = "In a recent year, the conditional expectation for technical inefficiency (i.e., the predictor) in stochastic frontier production models and its confidence interval are proved to be increasing in the individual firm's inefficiency effect, which is defined as the mean of the normal distribution that is truncated at zero. This paper illustrates how the two recent contributions work in practice and how these findings are significant, by using the Battese and Coelli (1995) type specification and giving an empirical study on the Japanese pharmaceutical industry.",

author = "Yoshihiko Tsukuda and Tatsuyoshi Miyakoshi",

year = "2006",

month = mar,

day = "15",

doi = "10.1080/13504850500393022",

language = "English",

volume = "13",

pages = "229--233",

journal = "Applied Economics Letters",

issn = "1350-4851",

publisher = "Routledge",

number = "4",

}

TY - JOUR

T1 - Practical illustrations of the two recent contributions to stochastic frontier models

AU - Tsukuda, Yoshihiko

AU - Miyakoshi, Tatsuyoshi

PY - 2006/3/15

Y1 - 2006/3/15

N2 - In a recent year, the conditional expectation for technical inefficiency (i.e., the predictor) in stochastic frontier production models and its confidence interval are proved to be increasing in the individual firm's inefficiency effect, which is defined as the mean of the normal distribution that is truncated at zero. This paper illustrates how the two recent contributions work in practice and how these findings are significant, by using the Battese and Coelli (1995) type specification and giving an empirical study on the Japanese pharmaceutical industry.

AB - In a recent year, the conditional expectation for technical inefficiency (i.e., the predictor) in stochastic frontier production models and its confidence interval are proved to be increasing in the individual firm's inefficiency effect, which is defined as the mean of the normal distribution that is truncated at zero. This paper illustrates how the two recent contributions work in practice and how these findings are significant, by using the Battese and Coelli (1995) type specification and giving an empirical study on the Japanese pharmaceutical industry.

UR - http://www.scopus.com/inward/record.url?scp=33645111221&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=33645111221&partnerID=8YFLogxK

U2 - 10.1080/13504850500393022

DO - 10.1080/13504850500393022

M3 - Article

AN - SCOPUS:33645111221

VL - 13

SP - 229

EP - 233

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 4

ER -