Due to many contributions this bibliography is split in the first character of the first author. This is a searchable document. Journal Of Real Estate Finance And Economics. Parametric estimators, such as OLS, attain high efficiency for well- specified models. Nonparametric estimators greatly reduce specification error but at the cost of efficiency.
Semiparametric estimators can assume general forms within classes of functional forms.
The semiparametric estimator, on average, displayed the performance most consistent with prior expectations followed by the nonparametric and parametric estimators. In addition, the paper shows how the semiparametric estimator can provide insights into the form of misspecification and suggest data transformations. Park BU, L Simar. Efficient semiparamteric estimation in stochastic frontier model. Discussion Paper 9201, Institut De Statistique, Core Engineering Costs And Production Economics.