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"The cost efficiency of 520 New York school districts is measured using data envelopment analysis and stochastic frontier regression. Mean inefficiency is 14% using either method, and the rank order correlation coefficient of inefficiency between the two methods is 86. The three largest school...
Persistent link: https://www.econbiz.de/10004981366
It is well known in the Data Envelopment Analysis literature that proper variable selection is necessary for the reliable measurement of efficiency. Omitting production relevant variables and/or including irrelevant variables will lead to biased measurement. It is also known that the sample size...
Persistent link: https://www.econbiz.de/10005033368