expectation of achieving cost efficiency gains. This article examines whether theoretical expectations of cost efficiency gains … parameter frontier model, cost efficiency gains are found, particularly with a payment per patient case system. Payment systems …

This paper shows evidence on the influence of risk-taking on bank efficiency in emerging markets and identifies … inefficiency parameters to a sample of Colombian banks. The model provides accurate cost and profit efficiency estimates. The … effects of risk-taking on efficiency vary with size and affiliation. Large and foreign banks benefit more from higher exposure …

risk-taking on bank efficiency and distinguishes the effects among banks with different characteristics. The model is … fitted to a 10-year sample of Colombian banks. Cost and profit efficiency are found to be over and underestimated … risk affect bank efficiency vary with size and affiliation. In particular, domestic and small Colombian banks benefit more …

expectation of achieving cost efficiency gains. This article examines whether theoretical expectations of cost efficiency gains … parameter frontier model, cost efficiency gains are found, particularly with a payment per patient case system. Payment systems …

technology". By separating the production of undesirable outputs from that of desirable outputs, not only do we ensure that … index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency …

refuses access to the data), I show its assumption of homogeneous technology cannot be maintained. Quantile regressions (QR … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …. This estimation has better goodness of fit, reduced variance of all coefficients, and higher efficiency scores for nearly …

. However, the standard cost frontier model yields biased efficiency scores because it ignores technological heterogeneity … between hospitals. In this paper, efficiency scores are derived from a random intercept and an extended random parameter … efficiency according to the standard model gain up to 12 percentage points, serving to highlight the importance of heterogeneity …

Existing methods for the measurement of technical efficiency in the dynamic production models obtain it from the … dynamic evolution of efficiency that is explicitly optimized by the firm. This paper introduces a new conceptualization of … efficiency that directly enters the firm's intertemporal production decisions and is both explicitly costly and endogenously …

We develop a novel unified econometric methodology for the formal examination of the market power -- cost efficiency … nexus. Our approach can meaningfully accommodate a mutually dependent relationship between the firm's cost efficiency and …'s market power and efficiency as well as allows for different hierarchical orderings between the two, enabling us to …

This paper investigates the productivity and efficiency of large bank holding companies (BHCs) in the United States …