Estimating fixed-effect panel stochastic frontier models by model transformation

Traditional panel stochastic frontier models do not distinguish between unobserved individual heterogeneity and inefficiency. They thus force all time-invariant individual heterogeneity into the estimated inefficiency. Greene (2005) proposes a true fixed-effect stochastic frontier model which, in theory, may be biased by the incidental parameters problem. The problem usually cannot be dealt with by model transformations owing to the nonlinearity of the stochastic frontier model. In this paper, we propose a class of panel stochastic frontier models which create an exception. We show that first-difference and within-transformation can be analytically performed on this model to remove the fixed individual effects, and thus the estimator is immune to the incidental parameters problem. Consistency of the estimator is obtained by either N→∞ or T→∞, which is an attractive property for empirical researcher

Estimating fixed-effect panel stochastic frontier models by model transformation

Traditional panel stochastic frontier models do not distinguish between unobserved individual heterogeneity and inefficiency. They thus force all time-invariant individual heterogeneity into the estimated inefficiency. Greene (2005) proposes a true fixed-effect stochastic frontier model which, in theory, may be biased by the incidental parameters problem. The problem usually cannot be dealt with by model transformations owing to the nonlinearity of the stochastic frontier model. In this paper, we propose a class of panel stochastic frontier models which create an exception. We show that first-difference and within-transformation can be analytically performed on this model to remove the fixed individual effects, and thus the estimator is immune to the incidental parameters problem. Consistency of the estimator is obtained by either N→∞ or T→∞, which is an attractive property for empirical researcher

The Incentive Mechanism with RFID Technology for Suppliers to Design Environmentally-Friendly Electrical and Electronic Equipment

AbstractTaiwan EPA has promulgated Resource Recycling Act in 2002, which is formulated to conserve natural resources, reduce waste, promote recycling and reuse of materials, mitigate environmental loading, and build a society in which resources are used in a sustainable manner. [1] Since 1998, the recycling of waste large household appliances such as televisions, washing machines, refrigerators, and air conditioners, etc. has been implemented; waste electric fans and waste computer keyboards were also included in 2007. Although recycling in Taiwan initiated early, whether waste electrical and electronic equipment recycling is just the process of decomposition, recycling, incineration, and landfill, rather than extending the product lifespan, need further studies to confirm that.The Recycling Fund Management Board takes charge of the operation of recycling mechanism in Taiwan. The funds mostly paid by the businesses as the recycling, clearance and disposal fees. Such fees now are unified under the same products specifications. The existed system can’t provide products under the same specifications but with longer lifespan more preferential fees, which means that there is no incentive for the suppliers to improve the design of products.With Radio Frequency Identification (RFID) inserted in, the household appliances will not only have the basic information about the product, but also can keep track of the purchase and maintenance record, as well as the disposal date and location, during the use stage of that product. Such record provides information on the service life of the product, and the recycling fees paid by businesses could be returned relative to the lifetime to the consumers accordingly. The new mechanism incentives the suppliers to consider the product durability in design and manufacture stages that helps achieve the goal to make products decomposable, recyclable, and lifetime extended

Taiwanese university students’ smartphone use and the privacy paradox

With the prevalence of smart devices and wireless Internet, privacy has become a pivotal matter in governmental, academic, and technological fields. Our study aims to understand Taiwanese university students’ privacy concerns and protective behaviours in relation to online targeting ads and their habitual smartphone usage. Surveying 810 valid subjects, our results first propose that ad relevance has direct bearing on attention to ads. Second, ad relevance inversely correlates with privacy concerns (i.e. descending personal control and surging corporate power) and protective behaviours (self-filtering and ad evasion). Third and finally, neither privacy concerns nor protective behaviours have a negative bearing on habitual smartphone usage. Opposite to previous research, our study concludes that Taiwanese college students exhibit zero privacy paradox, owing to no signs of privacy concern incited by mobile targeting ads, no evidence of significant protective behaviours, and no decreasing habitual smartphone usage out of privacy concern and protection. Our findings indicate Taiwanese university students’ shaky awareness of potential risks and crises from exposure to vulnerable online privacy management. To deal with this, we suggest educating youths’ understandings of digital jeopardy by experts is urgently needed more so than just technical tutorials of privacy settings

Effect of two low doses of prostaglandin F_2α on luteolysis in dairy cows

In this preliminary study, we determined the effect of a modified method involving the administration of two low doses of prostaglandin F2α (PGF2α) at an interval of 24 h on luteolysis in dairy cows, and compared it with the standard single-dose method. Twenty-six cows were assigned to three groups treated with two low doses (TLD group, n = 10), one standard dose (SD group, n = 10), and one low dose (OLD group, n = 6) on day 9 to 10 of the oestrous cycle (day 0 = the day of PGF2α administration). Their serum progesterone (P4) levels and corpus luteum (CL) sizes were measured daily from day 0 to 4 to assess CL regression. The results indicated that the proportion of complete luteolysis, indicating a P4 value ≤ 1 ng/mL on day 3, was higher in the TLD group (100.0%) than in the SD (60.0%) and OLD (66.7%) groups. Ultrasonically detected changes in the CL area correlated with the shifts in the P4 values in both the TLD and the SD groups. The remaining CL area was significantly smaller in the TLD group (17.8% ± 3.3%) than in the SD or OLD group on day 4. Thus, we concluded that the proportion of luteolysis in cows was increased with two low doses of PGF2α as compared to a single PGF2α dose, indicating the necessity of the second dose of PGF2α. However, further studies with larger sample sizes in the field are required