Estimation and Inference in Nonparametric Frontier Models

Estimation and Inference in Nonparametric Frontier Models

Recent Developments and Perspectives

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Estimation and Inference in Nonparametric Frontier Models provides a thorough examination of this topic for students and researchers alike. While nonparametric estimators are widely used to estimate the productive efficiency of firms and other organizations, it is often done without any attempt to make statistical inference. Recent work has provided statistical properties of these estimators and methods for making statistical inference has established a link between frontier estimation and extreme value theory. New estimators that avoid many of the problems inherent with traditional efficiency...