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Journal of Zhejiang University SCIENCE A 2008 Vol.9 No.10 P.1426-1436

http://doi.org/10.1631/jzus.A0820121


A comparative analysis of multi-output frontier models


Author(s):  Tao ZHANG, Eoghan GARVEY

Affiliation(s):  Department of Economics, National University of Ireland, Galway, Ireland

Corresponding email(s):   taozhang7608@hotmail.com

Key Words:  Efficiency, Multi-output, Stochastic distance function frontier, Stochastic ray frontier, Data envelopment analysis (DEA), Correlation


Tao ZHANG, Eoghan GARVEY. A comparative analysis of multi-output frontier models[J]. Journal of Zhejiang University Science A, 2008, 9(10): 1426-1436.

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author="Tao ZHANG, Eoghan GARVEY",
journal="Journal of Zhejiang University Science A",
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publisher="Zhejiang University Press & Springer",
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Abstract: 
Recently, there have been more debates on the methods of measuring efficiency. The main objective of this paper is to make a sensitivity analysis for different frontier models and compare the results obtained from the different methods of estimating multi-output frontier for a specific application. The methods include stochastic distance function frontier, stochastic ray frontier, and data envelopment analysis. The stochastic frontier regressions with and without the inefficiency effects model are also compared and tested. The results indicate that there are significant correlations between the results obtained from the alternative estimation methods.

Darkslateblue:Affiliate; Royal Blue:Author; Turquoise:Article

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