Measuring parliamentarian efficiency of selected countries in Asia: A stochastic frontier model approach
The aim of this study is to investigate the technical efficiency of the parliamentarians of randomly selected eight Asian Countries using stochastic frontier model suggested by Battese and Coelli (1993) and applying it to unbalanced panel data sets for the period 2002-2010. A Cobb-Douglas stochastic...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Maxwell Scientific Organization
2012
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/12845/1/v4-21-29.pdf http://repo.uum.edu.my/12845/ http://maxwellsci.com/print/rjms/v4-21-29.pdf |
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| Summary: | The aim of this study is to investigate the technical efficiency of the parliamentarians of randomly selected eight Asian Countries using stochastic frontier model suggested by Battese and Coelli (1993) and applying it to unbalanced panel data sets for the period 2002-2010. A Cobb-Douglas stochastic frontier production function with both time-variant and time-invariant technical inefficiency effects were estimated with
two alternative distributions.The half normal distribution was found preferable to the truncated for the technical inefficiency effects.Year wise mean technical efficiency of the parliamentarians of eight Asian countries was found to be 44 and 55% in both distributions and the mean efficiencies of parliamentarians during the reference period was observed to be decreased. Among the selected Asian countries, China was experienced highest, Philippine and Pakistan obtained lowest parliament efficiencies.Time-variant inefficiency effect model was found to be an adequate representation than time-invariant model. |
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