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sector. The reform had three main aims; cost control, efficiency and reduced waiting times. This study investigates whether … are robust to choice of efficiency estimation technique and various definition of when the reform effect takes place. …
Persistent link: https://www.econbiz.de/10005245177
This paper examines the changes in social welfare in Singapore using Labour Force Survey data. To study the changes and dominance, both ordinal and cardinal measures are used. By Lorenz Dominance social welfare in Singapore during 1999 is less than in 1991 while unambiguous conclusion cannot be...
Persistent link: https://www.econbiz.de/10005292521
The belief that both the behavior and outcomes of students are affected by their peers is important in shaping education policy. I analyze two polar education systems -tracking and mixing- and propose several criteria for their comparison. I find that tracking is the system that maximizes...
Persistent link: https://www.econbiz.de/10005385019
Efficiency wage theory predicts that firms can induce worker effort by the carrot of high wages and / or the stick of …
Persistent link: https://www.econbiz.de/10005015329
based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition … indeed increases bank efficiency. Second, building on these results, we examine the relation between the Boone indicator …
Persistent link: https://www.econbiz.de/10005344858
This paper compares standard stochastic frontier models for panel data with a number of recently developed models designed to remove unobserved heterogeneity from the inefficiency component. Results are used to construct a generalised Malmquist total factor productivity (TFP) index. We conclude...
Persistent link: https://www.econbiz.de/10005345866
efficiency, unless investments to increase school quality have higher private returns. With high private returns to post …
Persistent link: https://www.econbiz.de/10005357766
). This research uses a Data Envelopment Analysis (DEA) to assess franchise chains’ efficiency, and a meta-frontier approach … to analyze chains’ efficiency between and across sectors. The sample includes 43 chains of the service and retail sectors … between the PCO and the chain efficiency. Finally, there is no significant difference between the observed PCOs and the …
Persistent link: https://www.econbiz.de/10009650737