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In the standard framework of data envelopment analysis (DEA) models, the returns to scale are fully characterized using the multiplier on the convexity constraint of inefficient decision making units (DMU) using the projection of the input–output vector on the frontier. In this note, we...
Persistent link: https://www.econbiz.de/10010597716
Persistent link: https://www.econbiz.de/10005151775
This paper proposes a method to measure efficiency in highly regulated capital-intensive industries in the presence of state-owned enterprises. We generalize the data envelopment analysis method to include regulation in the model, as well as the quasi-fixed nature of capital and its links with...
Persistent link: https://www.econbiz.de/10005023418