Data Envelopment Analysis (DEA) is a non-parametric measurement technique based on mathematical programming to measure the efficiency level of the firms by determining multiple input and output variables. Artificial neural network (ANN) is information processing system and computer program that...

This paper offers an insight into the effectiveness of economic policy reforms in the Indian Banking System by examining the efficiency benefits of mergers among Scheduled Commercial Banks in India over the post-reform period 1991-92 to 2004-05. It does this by using the methodology developed by...

This paper estimates commercial banks’ efficiency in three relatively homogenous groups of countries with different level of economic development and different involvement in the process of European integration. The first group consists of Portugal and Greece, the second group is represented...

The Law of One Price (LoOP) states that all firms face the same prices for their inputs and outputs in the competitive market equilibrium. This law has powerful implications for productive efficiency analysis, which have remained unexploited thus far. This paper shows how LoOP-based weight...

We discuss the nonparametric approach to profit efficiency analysis at the firm and industry levels in the absence of complete price information, and propose two new insights. First, choosing one commodity (whose price is known) as a numeraire good enables us to measure profit inefficiency in...

Research on human development has received considerable importance in India from both academics and a policy point of view. However, previous studies on human development have mainly focused on the equity aspects of development without considering the resource base. The current study seeks to...

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...

Over the past twenty years, important changes in the Italian health system have led to different approaches in organizing, delivering and financing health services throughout the regions of the country. This study aims to examine the impact these factors have had on efficiency. The methodology...

This paper by applying a sporting production function evaluates 229 professional tennis players’ career performance. By applying Data Envelopment Analysis (DEA) the paper produces a unified measure of nine performance indicators into a single career performance index. In addition bootstrap...

This paper uses a fully nonparametric approach to estimate efficiency measures for primary care units incorporating the effect of (exogenous) environmental factors. This methodology allows us to account for different types of variables (continuous and discrete) describing the main...