About this document
Endogeneity in Stochastic Frontier Models by zdenka is a document available to read on EtoBox.
This document summarizes research on addressing endogeneity in stochastic frontier models. It discusses how standard techniques for dealing with endogeneity like instrumental variables (2SLS) and maximum likelihood estimation (MLE) of a system of equations can be modified for use in stochastic frontier models. While simple modifications of 2SLS and MLE are straightforward, appropriately modifying limited information maximum likelihood (LIML) is more complex due to issues modeling the joint distribution of e
- Author
- zdenka
- Language
- EN