Showing 1 - 10 of 105
We discuss how to properly decompose economic efficiency when the underlying technology is non-homothetic using alternative allocative and technical efficiency criteria. We first show that only under the production of one output and assuming the particular case of constant returns to scale...
Persistent link: https://www.econbiz.de/10010939800
In for-profit organizations, profit efficiency decomposition is considered important since estimates on profit drivers are of practical use to managers in their decision making. Profit efficiency is traditionally due to two sources – technical efficiency and allocative efficiency. The...
Persistent link: https://www.econbiz.de/10010906803
This article studies the role of social capital on cotton production efficiency and productivity for a sample of small farms in Maharashtra, India using data envelopment analysis. Input shadow prices are computed as an indicator of the importance of social capital relative to other inputs....
Persistent link: https://www.econbiz.de/10010939768
This paper fills a noticeable gap in the current economic and penology literature by proposing new performance-enhancing policies based on an efficiency analysis of a sample of male prisons in England and Wales over the period 2009/10. In addition, we advance the empirical literature by...
Persistent link: https://www.econbiz.de/10010939798
In this paper, we measure the performance for each of the Brazilian Agricultural Research Corporation research centers by means of a Data Envelopment Analysis model. Performance data are available for a panel covering the period 2002–2009. The approach is instrumentalist, in the sense of...
Persistent link: https://www.econbiz.de/10010939799
This study measures the performance of participating nations at the Olympics, considering the quest for medals as a two-stage Olympic process. The first stage is characterized as athlete preparation (AP) and the second stage as athlete competition (AC). We extend the relational model from the...
Persistent link: https://www.econbiz.de/10011209310
Endogeneity, and the distortions on the estimation of economic models that it causes, is a usual problem in the econometrics literature. Although non-parametric methods like Data Envelopment Analysis (DEA) are among the most used techniques for measuring technical efficiency, the effects of such...
Persistent link: https://www.econbiz.de/10011209311
Operational Research (OR) techniques have been applied, from the early stages of the discipline, to a wide variety of issues in education. At the government level, these include questions of what resources should be allocated to education as a whole and how these should be divided amongst the...
Persistent link: https://www.econbiz.de/10011209363
It has recently been shown that the incorporation of weight restrictions in models of data envelopment analysis (DEA) may induce free or unlimited production of output vectors in the underlying production technology, which is expressly disallowed by standard production assumptions. This effect...
Persistent link: https://www.econbiz.de/10011209372
In this paper, firm profit loss is decomposed as the sum of two terms related to the output price uncertainty (price expectation error and risk preference), plus one extra term expressing technical inefficiency. We then describe the implementation of our theoretical model in a robust data...
Persistent link: https://www.econbiz.de/10011209411