英文文献:Efficiency Estimation Using The Simulated Maximum Likelihood Approach: The Case Of Polish Cooperative Banks
英文文献作者:Khitarishvili, Tamar
英文文献摘要:
The paper lays out a framework for studying firm efficiency using the Method of Simulated Likelihood. I develop the model using the assumption of gamma distributed inefficiency terms and apply it to the case of Polish cooperative banks. I derive preliminary results for the estimates of average and individual inefficiencies. Finally, I discuss the practical difficulties connected with this estimation method and suggest avenues for future research.


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