Showing 1 - 10 of 79
This paper provides a vertically integrated modelling of the financial production process. In a first stage the activity of commercial banks or insurance companies embodies some technical and commercial aspects such as services to depositors or mutualization of risk through distribution of...
Persistent link: https://www.econbiz.de/10010866004
The German potable water supply industry is regarded highly fragmented, thus preventing efficiency improvements that … of 364 German water utilities in 2006, applying Data Envelopment Analysis, to analyze the potential efficiency gains from … hypothetical mergers between water utilities at the county level. A conditional efficiency framework is applied to account for the …
Persistent link: https://www.econbiz.de/10011518949
socioeconomic status may self-select into public schools, so a direct efficiency comparison between the two school types could lead …-selection problem, we use a stochastic parametric distance function framework to compare student efficiency and productivity in both …, private government-dependent schools are more productive than public schools, although efficiency results across regions are …
Persistent link: https://www.econbiz.de/10010988811
The bank efficiency literature lacks an agreed definition of bank outputs and inputs. This is problematic given the … long-standing controversy concerning the status of deposits, but also because bank efficiency estimates are known to be …
Persistent link: https://www.econbiz.de/10010988815
The paper investigates the operating efficiency differences of a sample of commercial banks across 10 European … countries. First, the paper analyzes the technical efficiency of each country sample following the “basic” Data Envelopment …
Persistent link: https://www.econbiz.de/10010988816
This paper makes two important contributions to the literature on prediction intervals for firm specific inefficiency estimates in cross sectional SFA models. Firstly, the existing intervals in the literature do not correspond to the minimum width intervals and in this paper we discuss how to...
Persistent link: https://www.econbiz.de/10010988821
Over the last few years, many studies have analyzed the efficiency of local governments in different countries. An … legal minimum and, consequently, might have an uncertain effect on efficiency when compared to other municipalities which … efficiency of municipalities is evaluated after splitting them into clusters according to various criteria (output mix …
Persistent link: https://www.econbiz.de/10010988826
effects are also found on separating and shrinking individual posterior efficiency distributions when heterogeneity affects … efficiency scores and rankings. In particular, including heterogeneity simultaneously in both parameters of the inefficiency … overlapping of the posterior efficiency distributions, which provides both more reliable efficiency scores and rankings. Copyright …
Persistent link: https://www.econbiz.de/10010988849
assessing not only technical efficiency of operations, but also for scale efficiency and calculation of optimal scale sizes. The …
Persistent link: https://www.econbiz.de/10010988851
Measuring productive efficiency is an important research strand within fields of economics, management science and … operations research. One definition of efficiency is the proportional scaling needed for observations of inefficient units to be …. When linear programming is used to estimate efficiency the two definitions give identical results due to the fundamental …
Persistent link: https://www.econbiz.de/10010988853