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Stochastic frontier cost and inefficiency estimates are provided for research and doctoral granting universities in the years, 2005-2009, is used to estimate underlying cost structures. Inefficiency is modeled as depending on institutionally specific environmental factors. Results indicate that...
Persistent link: https://www.econbiz.de/10010902256
The paper investigates the link between corruption and efficiency by using a rich micro-level dataset concerning solid waste collection activities in 529 Italian municipalities observed over the years 2004-2006. In order to test the impact of corruption on cost efficiency we estimate a...
Persistent link: https://www.econbiz.de/10010540156
The focus of this paper is on the efficiency of producing and managing religion based knowledge in postsecondary institutions. Panel data is used to estimate a stochastic cost frontier and associated inefficiencies for a panel of 222 U.S. bible colleges, theological seminaries, and other faith...
Persistent link: https://www.econbiz.de/10010542294
The paper investigates the link between corruption and efficiency by using a rich micro-level dataset concerning solid waste collection activities in 529 Italian municipalities observed over the years 2004-2006. In order to test the impact of corruption on cost efficiency we estimate a...
Persistent link: https://www.econbiz.de/10010604366
The study develops a hypothesis validation process to test whether estimated cost inefficiency fits the theoretical distribution of the estimate of inefficiency, given the initial assumption of a half normal distribution for the ineffi¬ciency term in the stochastic frontier model. The...
Persistent link: https://www.econbiz.de/10010607959
The Critical Access Hospital (CAH) program has been created to protect small, financially vulnerable rural hospitals in the U.S. by granting them Medicare cost-based reimbursement. However, there have been concerns that this type of reimbursement might have a negative impact on the cost...
Persistent link: https://www.econbiz.de/10010608433
Persistent link: https://www.econbiz.de/10010610322
This study explores the relationship between cost inefficiency and profitability in the U.S. life insurance industry. Earnings have particular importance to life insurance companies because earnings and capital determine the viability of the insurer. Since the life insurance industry is mature...
Persistent link: https://www.econbiz.de/10010865961
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Persistent link: https://www.econbiz.de/10005711803