Estimates technical performance

The deficiency of secure and reliable electrical power is a constraint to firm performance and its competitiveness in developing countries. Several countries in the south Asian region face electricity shortages leading to frequent power outages. This study investigate the effect of power outages on the technical efficiency of firms in selected South Asian countries. The study employed the stochastic frontier approach to estimate the technical efficiency of firms. We use the OLS and Beta regression to estimate the effect of power outages on technical efficiency of manufacturing firms.

8p caygaocaolon11 18-04-2021 11 1   Download

The paper estimates technical performance of foreign-invested and local companies by analyzing a dataset for 11,210 companies in transport, warehousing and communication sector established by the GSO in 2010 and SFPF parameters.

8p danhnguyentuongvi27 19-12-2018 19 1   Download

The following points support our choice of methods. First, the specification of the stochastic process is complex due to the variety of possible parameterisations 9 and requires a considerable number of parameters, which increases the potential impact of estimation errors. Second, the estimation by means of finite differences requires equally spaced strike prices. For our sample, this is a considerable difficulty in the implementation, as section 2.2 demonstrates. Third, regarding the performance of the tree approach, there is little evidence of superior results 10 .

56p bocapchetnguoi 05-12-2012 48 2   Download