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Gradual technical and scale efficiency improvement in

✍ Scribed by Sebastián Lozano; Gabriel Villa

Book ID
106344838
Publisher
Springer US
Year
2009
Tongue
English
Weight
340 KB
Volume
173
Category
Article
ISSN
0254-5330

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## SUMMARY In the fixed‐effects stochastic frontier model an efficiency measure relative to the __best__ firm in the sample is universally employed. This paper considers a new measure relative to the worst firm in the sample. We find that estimates of this measure have smaller bias than those of th