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. We illustrate our methodology by examining the cost efficiency of research programs in Economics and Business Management … cost efficiency differences between universities within specific specialization areas, even when using shadow prices to …
Persistent link: https://www.econbiz.de/10003375231
current resources (i.e. income, education and health) into subjective well-being. Our results imply that well-being efficiency … efficiency, while good institutions as proxied by the rule of law, as well as social support and freedom perceptions improve it … international well-being rankings - demonstrate that efficiency is lower among the unemployed, divorced/separated, widowed, the old …
Persistent link: https://www.econbiz.de/10011664189
agreements and technical efficiency, using a large sample of Italian manufacturing firms. We apply the Data Envelopment Analysis …, and its robust version based on bootstrap theory, to get reliable estimates of technical efficiency at the firm level in a … frontiers, as well as to the presence of outliers. The obtained efficiency scores are analyzed in a second stage applying a …
Persistent link: https://www.econbiz.de/10011571910
Using the 1997-1998 New South Wales public-hospitals comparison data, we investigate the hospital-level inefficiency by applying a stochastic-frontier multiproduct cost function. We use a flexible translog cost function to reduce the measurement errors of the outputs of the hospital. The main...
Persistent link: https://www.econbiz.de/10003523195
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10009422459
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …
Persistent link: https://www.econbiz.de/10013431350
state in the south of India, we examine average and marginal returns to cattle. One variant of our identification strategy …
Persistent link: https://www.econbiz.de/10010413090
efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an … explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10003656923
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508
Persistent link: https://www.econbiz.de/10001744055