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The validity of many efficiency measurement methods rely upon the assumption that variables such as input quantities and output mixes are independent of (or uncorrelated with) technical efficiency, however few studies have attempted to test these assumptions. In a recent paper, Wilson (2003)...
Persistent link: https://www.econbiz.de/10004973589
An efficiency indicator of industry configuration (allowing for entry/exit of firms) is presented which accounts for four sources components: (1) size inefficiencies arising from firms which can be conveniently split into smaller units; (2) efficiency gains realized through merger of firms; (3)...
Persistent link: https://www.econbiz.de/10010679133
University rankings are the subject of a paradox: the more they are criticized by social scientists and experts on methodological grounds, the more they receive attention in policy making and the media. In this paper we attempt to give a contribution to the birth of a new generation of rankings,...
Persistent link: https://www.econbiz.de/10011264317
Persistent link: https://www.econbiz.de/10005337496
In productivity analysis an important issue is to detect how external (environmental) factors, exogenous to the production process and not under the control of the producer, might influence the production process and the resulting efficiency of the firms. Most of the traditional approaches...
Persistent link: https://www.econbiz.de/10008483326
The measurement of technical efficiency allows managers and policy makers to enhance existing differentials and potential improvements across a sample of analyzed units. The next step involves relating the obtained efficiency estimates to some external or environmental factors which may...
Persistent link: https://www.econbiz.de/10011052793
Directional distance functions provide very flexible tools for investigating the performance of Decision Making Units (DMUs). Their flexibility relies on their ability to handle undesirable outputs and to account for non-discretionary inputs and/or outputs by fixing zero values in some elements...
Persistent link: https://www.econbiz.de/10011097799