Showing 1 - 10 of 132
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/10010280699
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/10013470432
on students learning efficiency. The results indicate that the main effects of the re-organization on the learning … efficiency was a decreasing importance of students? attendance and of continuous preparation of the material. …
Persistent link: https://www.econbiz.de/10010262264
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/10010268573
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/10011584607
as pivotal input in order to control for their particular contribution to firm-level efficiency. Conceptually, the study … of low-tech industries. However, with regard to firms' technical efficiency, R&D matters for all industries (unlike …
Persistent link: https://www.econbiz.de/10010269441
How much does society value redistribution? The common method to derive inverse-optimum welfare weights is by inverting an optimal-tax model. Our alternative imposes fewer restrictions on labor supply and enables comparisons across household types. We use a structural labor supply model to...
Persistent link: https://www.econbiz.de/10015210893
This study investigates the impact of social pension insurance on the efficiency of household financial portfolios … significantly enhances the efficiency of household financial portfolios, partly through the channels of risk attitude and …
Persistent link: https://www.econbiz.de/10015210910
This paper explores the economic effects of imperfect meritocracy in recruitment and career advancement. We compare two career promotion mechanisms: a fully meritocratic system and a "noisy" one, that allows less productive workers to advance. Our model shows that imperfect meritocracy in...
Persistent link: https://www.econbiz.de/10015210978
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014469427