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Keywords: Technical inefficiency
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Journal Articles
Journal:
Journal of Economics and Development
Journal of Economics and Development (2022) 24 (4): 278–292.
Published: 20 October 2022
... with a one-sided component, μit ≥ 0, which captures technical inefficiency and statistical noise, νit, assumed to be iid with zero mean. We set the left-hand side of (9) equal to zero for all observations. To meet the translation property D1, we...
