some recent developments in efficiency measurement in stochastic frontier models最近的一些进展效率测量随机前沿模型.pdf

Hindawi Publishing Corporation Journal of Probability and Statistics Volume 2011, Article ID 603512, 25 pages doi:10.1155/2011/603512 Review Article Some Recent Developments in Efficiency Measurement in Stochastic Frontier Models Subal C. Kumbhakar1 and Efthymios G. Tsionas2 1 Department of Economics, State University of New York, Binghamton, NY 13902, USA 2 Department of Economics, Athens University of Economics and Business, 76 Patission Street, 104 34 Athens, Greece Correspondence should be addressed to Subal C. Kumbhakar, kkar@ Received 13 May 2011; Accepted 2 October 2011 Academic Editor: William H. Greene Copyright q 2011 S. C. Kumbhakar and E. G. Tsionas. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This paper addresses some of the recent developments in efficiency measurement using stochastic frontier SF models in some selected areas. The following three issues are discussed in details. First, estimation of SF models with input-oriented technical efficiency. Second, estimation of latent class models to address technological heterogeneity as well as heterogeneity in economic behavior. Finally, estimation of SF models using local maximum likelihood method. Estimation of some of these models in the past was considered to be too difficult. We focus on the advances that have been made in recent years to estimate some of these so-called difficult models. We complement these with some developments in other areas as well. 1. Introduction In this paper we focus on three issues. First, we discuss issues mostly econometric related to input-oriented IO and output-oriented OO measures of technical in