Dear Stata list,
I would like to do a stochastic frontier analysis with multiple outputs, and I have seen that this can be done by looking at cost functions or by using distance functions. I don't have prices on my inputs nor any on my outputs, so the cost function approach is not feasible. I am hoping to use distance functions instead.
Does anyone have experience of doing this in Stata? I have roamed the help in Stata but only managed to find information on analyses using a single output.
Any hints or advice highly appreciated!
Kind regards
Sixten
I would like to do a stochastic frontier analysis with multiple outputs, and I have seen that this can be done by looking at cost functions or by using distance functions. I don't have prices on my inputs nor any on my outputs, so the cost function approach is not feasible. I am hoping to use distance functions instead.
Does anyone have experience of doing this in Stata? I have roamed the help in Stata but only managed to find information on analyses using a single output.
Any hints or advice highly appreciated!
Kind regards
Sixten