A COMPARISON OF RESAMPLING TECHNIQUES WHEN PARAMETERS ARE ON A BOUNDARY: THE BOOTSTRAP, SUBSAMPLE BOOTSTRAP, AND SUBSAMPLE JACKKNIFE

This paper compares the finite sample performance of subsample bootstrap and subsample jackknife techniques to the traditional bootstrap method when parameters are constrained to be on some boundary. To assess how these three methods perform in an empirical application, a negative semi-definite translog cost function is estimated using U.S. manufacturing data.