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• W1992182417 abstract "In this paper we develop Bayesian tools for estimating multi-output production frontiers in applications where only input and output data are available. Firm-specific inefficiency is measured relative to such frontiers. Our work has important differences from the existing literature, which either assumes a classical econometric perspective with restrictive functional form assumptions, or a non-stochastic approach which directly estimates the output distance function. Bayesian inference is implemented using a Markov chain Monte Carlo algorithm. A banking application shows the ease and practicality of our approach." @default.
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• W1992182417 date "2000-09-01" @default.
• W1992182417 modified "2023-09-23" @default.
• W1992182417 title "A Bayesian analysis of multiple-output production frontiers" @default.
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• W1992182417 doi "https://doi.org/10.1016/s0304-4076(99)00074-3" @default.
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