期刊
JOURNAL OF ECONOMETRICS
卷 190, 期 2, 页码 289-300出版社
ELSEVIER SCIENCE SA
DOI: 10.1016/j.jeconom.2015.06.011
关键词
Spatial autoregressive dependence; Stochastic frontier analysis (SFA); Asymmetric directional efficiency spillovers; Aggregate production; European countries
By blending seminal literature on non-spatial stochastic frontier models with key contributions to spatial econometrics we develop a spatial autoregressive (SAR) stochastic frontier for panel data. The specification of the SAR frontier allows efficiency to vary over time and across the cross-sections. Efficiency is calculated from a composed error structure by assuming a half-normal distribution for inefficiency. The SAR frontier is estimated using maximum likelihood methods taking into account the endogenous SAR variable. The application of the estimator to an aggregate production frontier for European countries highlights, among other things, the asymmetry between efficiency spillovers to and from a country. (C) 2015 Elsevier B.V. All rights reserved.
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