Showing 1 - 10 of 1,439
In this paper we seek a robust methodology to measure the relative public spending efficiency of 19 OECD countries over … into its separate accounts and we employ a semi-parametric method to obtain relative efficiency scores (for the separate …. Finally, we propose a technique to measure the allocative efficiency of public spending, in an effort to proxy the optimal …
Persistent link: https://www.econbiz.de/10005087510
This paper empirically examines the relationship between fiscal decentralization and public sector efficiency. A … country-level dataset is used to measure public sector efficiency in delivering education and health services and the new …, between 1970 and 2000. Irrespective of whether public sector efficiency concerns education or health services, an inverted U …
Persistent link: https://www.econbiz.de/10009650679
One learns two main lessons from studying the great quantity of banking efficiency literature. These lessons regard the … perform a Meta-Regression-Analysis (MRA) by examining 1,661 efficiency scores retrieved from 120 papers published over the … lower levels of banking efficiency than nonparametric studies. This holds true even after controlling for the approach used …
Persistent link: https://www.econbiz.de/10011110871
The Two-Stage Least Squares (2-SLS) is a well known econometric technique used to estimate the parameters of a multi-equation (or simultaneous equations) econometric model when errors across the equations are not correlated and the equation(s) concerned is (are) over-identified or exactly...
Persistent link: https://www.econbiz.de/10005837152
Indirect inference estimators (i.e., simulation-based minimum distance estimators) in a parametric model that are based on auxiliary non-parametric maximum likelihood density estimators are shown to be asymptotically normal. If the parametric model is correctly specified, it is furthermore shown...
Persistent link: https://www.econbiz.de/10008764720
In this study, we explore the pattern of efficiency among enterprises in China’s 29 provinces across different … efficiency distributions, and conducting a bootstrapped truncated regression analysis. We find evidence of interesting … differences in efficiency levels among various ownership groups, especially for foreign and local ownership, which have different …
Persistent link: https://www.econbiz.de/10008534292
The standard neoclassical growth accounting (parametric) framework serves to explain only a minor part of labour productivity growth and its cross-country differences, thus implying an important role (as yet unexplained) for the Solow Residual or the Total Factor Productivity (TFP). However, the...
Persistent link: https://www.econbiz.de/10011108972
efficiency. A deficiency of DEA is that the efficiency scores assigned to each firm are sensitive to sampling variations … is limited compared to the number of inputs and output. As a result, in case of small samples, DEA efficiency scores … efficiency scores with stochastic properties. However, the DEA Bootstrap is still inappropriate in the presence of small samples …
Persistent link: https://www.econbiz.de/10011260496
This paper uses a fully nonparametric approach to estimate efficiency measures for primary care units incorporating the … exogenous variables considered have a significant and negative effect on efficiency estimates …
Persistent link: https://www.econbiz.de/10011114105
-parametric benchmarking techniques, respectively performance indicators and data envelopment analysis, we compute the efficiency of 37 …
Persistent link: https://www.econbiz.de/10009368475