Sentence examples for frontier models from inspiring English sources

The findings illustrate that the results from the traditional frontier models, which use black box tools, lead to biased outcomes.

This study measured the energy efficiency levels of residential electricity demand by analysing data on Japan's 47 prefectures, using a combination of electricity demand and stochastic frontier models.

Henningsen and Henning ([2009]) underlined that it is sufficient for the model to satisfy the monotonicity property, because in frontier models, farmers maximize their output, not their profits.

Secondly, empirically testing the identified factors using recent consistent estimation of fixed-effects, stochastic and linear transformation frontier models to find out significant variables in this framework (Chen, Schmidt and Wang 2014).

To this end, two nonparametric frontier models are applied: first, a Directional Distance Function (DDF), based on Briec's (1997) [16] proposal and, second, a modified version of Tone's (2001) [51] Slacks-Based Measure (SBM) model, both of which are especially appropriate in this particular context due to their treatment of undesirable outputs.

These functions, which are estimated to determine efficiency, are also known as stochastic frontier models (SFM).

Bhaumik et al. (2012) Stochastic frontier modelling Stochastic frontier modelling Financial constraints in India are alleviated by cash flows and (log) assets of firms, and aggravated by a high leverage level.

This American frontier model has translated well to countries like Brazil and China, where large populations are dispersed across a vast countryside.

overall, a stochastic frontier model has two components.

This model is commonly known as a log transformation frontier model using frontier command Xtfrontier.

There is no stochastic frontier parameter in the model, and the stochastic frontier model becomes an average production model.