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Valuing Environmental Factors in Cost-Benefit Analysis Using Data Envelopment Analysis
Kuosmanen, Timo - 2006
Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...
Persistent link: https://www.econbiz.de/10010312377
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Inter-Regional Volatility Spillovers Between Emerging Capital Markets: Evidence From Turkey And Brazil
Tasdemir, Murat; Yalama, Abdullah - 2010
This study investigates volatility spillovers between two stock markets, Turkish and Brazilian, located in different regions of the world. Using a misspecification robust causality-in-variance test, we found strong evidence supporting volatility spillovers from Istanbul Stock Exchange (ISE) to...
Persistent link: https://www.econbiz.de/10010320499
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Measuring local government technical (in)efficiency: An application and comparison of FDH, DEA and econometric approaches
Geys, Benny; Moesen, Wim - 2008
Economic efficiency – understood in terms of jurisdictions providing a maximum amount of output for a given level of inputs – is one potential means to evaluate public policies. Various approaches, however, co-exist to measure the (technical) efficiency of organizations. Given that these...
Persistent link: https://www.econbiz.de/10010307694
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Evaluating Greek equity funds using Data Envelopment Analysis
Babalos, Vassilios; Caporale, Guglielmo Maria; … - 2009
This study assesses the relative performance of Greek equity funds employing a non-parametric method, specifically Data Envelopment Analysis (DEA). Using an original sample of cost and operational attributes we explore the effect of each variable on funds' operational efficiency for an...
Persistent link: https://www.econbiz.de/10010271154
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Effects of Ownership on Hospital Efficiency in Germany
Tiemann, Oliver; Schreyögg, Jonas - In: BuR - Business Research 2 (2009) 2, pp. 115-145
The objective of our study was to evaluate the efficiency of public, private for-profit, and private non-profit hospitals in Germany. First, bootstrapped data envelopment analysis (DEA) was used to evaluate the efficiency of a panel (n = 1,046) of public, private for-profit, and private...
Persistent link: https://www.econbiz.de/10010421342
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Changes in hospital efficiency after privatization
Tiemann, Oliver; Schreyögg, Jonas - 2011
We investigated the effects of privatization on hospital efficiency in Germany. To do so, we obtained bootstrapped DEA efficiency scores in the first stage of our analysis and subsequently employed a difference-in-difference matching approach within a panel regression framework. Our findings...
Persistent link: https://www.econbiz.de/10010310631
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Technological change and transition: relative contributions to worldwide growth during the 1990s
Badunenko, Oleg; Henderson, Daniel J.; Zelenyuk, Valentin - 2007
In this paper we used the procedures developed in the Kumar and Russell (2002) growth-accounting study to examine cross-country growth during the 1990's. Using a data set comprising developed, newly industrialized, developing and transitional economies, we decomposed the growth of output per...
Persistent link: https://www.econbiz.de/10010264980
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Public sector efficiency: evidence for new EU member states and emerging markets
Afonso, António; Schuknecht, Ludger; Tanzi, Vito - 2006
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and rankings by applying a range of measurement...
Persistent link: https://www.econbiz.de/10011604627
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Inflation targeting in Brazil
Arestis, Philip; de Paula, Luiz Fernando Rodrigues; … - 2008
the case of Brazil. The IT monetary policy regime has been adopted by a significant number of countries. While the focus … of this paper is on Brazil, which began inflation targeting in 1999, we also examine the experience of other countries … compare the experience of Brazil with that of non-IT countries, and ask the question of whether adopting IT makes a difference …
Persistent link: https://www.econbiz.de/10010276235
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The case for an intermediate exchange rate regime with endogenizing market structures and capital mobility: The empirical study of Brazil
Kaltenbrunner, Annina; Nissanke, Machiko - 2009
; and to examine empirically the experiences and evolution of Brazil's foreign exchange market under different exchange rate …
Persistent link: https://www.econbiz.de/10010273518