This chapter details the two-stage semi-parametric Data Envelopment Analysis (DEA) approach, designed to identify the determinants of production efficiency. It begins by outlining the shortcomings of traditional second-stage methods, such as Tobit regression, which produce inconsistent estimates due to the unique statistical properties of DEA scores, including serial correlation and endogeneity. The core of the chapter is a comprehensive explanation of the Simar-Wilson (2007) method, which employs truncated regression and advanced bootstrap algorithms to correct for estimation bias and facilitate valid statistical inference. Furthermore, the chapter delves into the scholarly debate between the Simar-Wilson model and the alternative OLS-based framework proposed by Banker and Natarajan (2008), emphasizing the crucial role of underlying assumptions. Finally, it presents a practical extension by integrating the bootstrap-truncated methodology with a Difference-in-Differences (DID) model, creating a robust tool for assessing the causal impact of policy interventions on efficiency.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

The Two-Stage Semi-parametric DEA Approach

  • Ning Zhang,
  • Kerui Du

摘要

This chapter details the two-stage semi-parametric Data Envelopment Analysis (DEA) approach, designed to identify the determinants of production efficiency. It begins by outlining the shortcomings of traditional second-stage methods, such as Tobit regression, which produce inconsistent estimates due to the unique statistical properties of DEA scores, including serial correlation and endogeneity. The core of the chapter is a comprehensive explanation of the Simar-Wilson (2007) method, which employs truncated regression and advanced bootstrap algorithms to correct for estimation bias and facilitate valid statistical inference. Furthermore, the chapter delves into the scholarly debate between the Simar-Wilson model and the alternative OLS-based framework proposed by Banker and Natarajan (2008), emphasizing the crucial role of underlying assumptions. Finally, it presents a practical extension by integrating the bootstrap-truncated methodology with a Difference-in-Differences (DID) model, creating a robust tool for assessing the causal impact of policy interventions on efficiency.