用Frontier4.1估计银行效率,用14家银行11年的数据做的,模型和权威论文差不多,可结果总是不能通过LR检验,gamma值也很小,具体结果如下:
the final mle estimates are :
coefficient standard-error t-ratio
beta 0 0.17939653E+02 0.97478007E+00 0.18403795E+02
beta 1 0.15116812E+01 0.94016201E+00 0.16078944E+01
beta 2 -0.15211770E+02 0.96249456E+00 -0.15804526E+02
beta 3 0.15009064E+02 0.97877096E+00 0.15334603E+02
beta 4 -0.23095974E+01 0.10568704E+01 -0.21853175E+01
beta 5 0.15214917E+02 0.89694788E+00 0.16962989E+02
beta 6 -0.24324722E+00 0.29023522E+00 -0.83810371E+00
beta 7 0.69795669E+00 0.82514572E+00 0.84585871E+00
beta 8 -0.11441221E+01 0.89346423E+00 -0.12805460E+01
beta 9 -0.48891605E+01 0.93369459E+00 -0.52363594E+01
beta10 0.14622818E+00 0.20259016E+00 0.72179311E+00
beta11 0.17866235E+01 0.36523978E+00 0.48916455E+01
beta12 0.77827630E+00 0.97927081E+00 0.79475084E+00
beta13 0.80371798E+01 0.75763420E+00 0.10608259E+02
beta14 -0.77715757E+00 0.67007383E+00 -0.11598089E+01
beta15 0.34651891E+01 0.89789059E+00 0.38592554E+01
beta16 -0.11354029E+01 0.63574300E+00 -0.17859464E+01
beta17 0.11348123E+01 0.48611475E+00 0.23344536E+01
beta18 -0.76520387E+01 0.95528085E+00 -0.80102503E+01
beta19 0.78763885E+00 0.87755343E+00 0.89753948E+00
beta20 -0.31739212E+01 0.76336292E+00 -0.41578142E+01
delta 0 0.66510197E+00 0.23904046E+01 0.27823824E+00
delta 1 0.12254774E+00 0.11480656E+01 0.10674281E+00
delta 2 -0.19523995E-02 0.99996021E+00 -0.19524772E-02
delta 3 0.39035643E-01 0.92690911E+00 0.42113776E-01
delta 4 -0.19287972E+00 0.76471187E+00 -0.25222536E+00
sigma-squared 0.48729477E+01 0.80644000E+00 0.60425422E+01
gamma 0.62766610E-02 0.35814127E-01 0.17525657E+00
log likelihood function = -0.34137401E+03
LR test of the one-sided error = 0.81314808E+00
with number of restrictions = 6
[note that this statistic has a mixed chi-square distribution]
请问可能是哪里出了问题?是数据少了还是模型错了?
恳请哪位能指导一下,万分感谢!