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Benchmarking methods are widely used in the regulation of firms in network industries working under heterogeneous exogenous environments. In this paper we compare three recently developed estimators, namely conditional DEA (Daraio and Simar, 2005, 2007b), latent class SFA (Orea and Kumbhakar, 2004;...
Persistent link: https://www.econbiz.de/10011483291
Objective: In this study, we investigate the effect of the external environmental and institutional factors on the efficiency and the performance of the public hospitals affiliated to the Ministry of Health (MOH) in the Kingdom of Saudi Arabia (KSA). We estimate the demographic and socioeconomic...
Persistent link: https://www.econbiz.de/10012298396
Directional distances provide useful, flexible measures of technical efficiency of production units relative to the efficient frontier of the attainable set in input-output space. In addition, the additive nature of directional distances permits negative input or outputs quantities. The choice...
Persistent link: https://www.econbiz.de/10011873826
Persistent link: https://www.econbiz.de/10014513092
technologies, but also indicators of the country’s heterogeneity and diversity among regions. The results obtained indicate that …
Persistent link: https://www.econbiz.de/10013393489
contrast to most previous work, we account for heterogeneity in hotel chains by introducing relevant variables, such as the …
Persistent link: https://www.econbiz.de/10014496144
characterizing the extent of heterogeneity within an industry that is robust with regard to extreme values of a few small firms. It … was found that the level of intra-industry heterogeneity is mainly determined by an industries' average technical …
Persistent link: https://www.econbiz.de/10010513680
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This paper uses a Latent Class Stochastic Frontier Approach to factor out the heterogeneity in the data and to provide … analysis indicates heterogeneity not only among the level of profit and cost efficiency, but also regarding the response of …
Persistent link: https://www.econbiz.de/10009775651