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- W3039157002 abstract "This paper estimates a stochastic profit system, which includes technical and allocative inefficiencies, in order to identify the source of profit inefficiency. Previously, the estimation of a stochastic profit system was not fully successful due to the entanglement of parameterised inefficiencies with a random error. We solve the problem by using homogeneity in technology since homogeneity enables a profit function to be separable into two parts: an output and a normalised profit function in which the parameter of technical inefficiency is absent. We apply our method to the Korean savings banks." @default.
- W3039157002 created "2020-07-10" @default.
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- W3039157002 date "2020-01-01" @default.
- W3039157002 modified "2023-09-26" @default.
- W3039157002 title "Estimating a stochastic profit system using homogeneity in technology" @default.
- W3039157002 doi "https://doi.org/10.1504/gber.2020.10030387" @default.
- W3039157002 hasPublicationYear "2020" @default.
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