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Some problems with the Ferrier/Hirschberg bootstrap idea

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Listed:
  • SIMAR, Léopold

    (Center for Operations Research and Econometrics (CORE), Université catholique de Louvain (UCL), Louvain la Neuve, Belgium)

  • WILSON, Paul W.

    (Department of Economics, University of Texas)

Abstract

This paper demonstrates that the bootstrap procedure suggested by Ferrier and Hirschberg (1997) gives inconsistent estimates. A very simple example is given to illustrate the statis- tical issues underlying nonparametric efficiency measurement and the problems with the Fer- rier/Hirschberg approach, and may serve as a primer on bootstrapping in nonparametric models of production processes.

Suggested Citation

  • SIMAR, Léopold & WILSON, Paul W., 1997. "Some problems with the Ferrier/Hirschberg bootstrap idea," LIDAM Discussion Papers CORE 1997062, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1997062
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    References listed on IDEAS

    as
    1. Léopold Simar & Paul W. Wilson, 1998. "Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Nonparametric Frontier Models," Management Science, INFORMS, vol. 44(1), pages 49-61, January.
    2. Gary Ferrier & Joseph Hirschberg, 1997. "Bootstrapping Confidence Intervals for Linear Programming Efficiency Scores: With an Illustration Using Italian Banking Data," Journal of Productivity Analysis, Springer, vol. 8(1), pages 19-33, March.
    3. Atkinson, Scott E. & Wilson, Paul W., 1992. "The Bias of Bootstrapped Versus Conventional Standard Errors in the General Linear and SUR Models," Econometric Theory, Cambridge University Press, vol. 8(2), pages 258-275, June.
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