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Published in 2024 at "Econometrics"
DOI: 10.3390/econometrics12030023
Abstract: This study estimates transient and persistent technical efficiencies (TEs) using a generalized true random-effects (GTRE) model. We estimate the GTRE model using maximum likelihood and Bayesian estimation methods, then compare it to three simpler models…
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Keywords:
persistent technical;
transient persistent;
true random;
generalized true ... See more keywords