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The main aim of this paper is to compare two alternative methods for estimating frontier functions and measuring efficiency in production. The application of Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) to the same data panel provides insights in estimating technical...
Persistent link: https://www.econbiz.de/10010615550
In the domain of measuring productivity, the stochastic frontier (SF) model has advanced in leaps and bounds and attracted a large amount of academic attention. Inherently, the model utilises input/output combinations of production units as references to construct a frontier for measuring...
Persistent link: https://www.econbiz.de/10011213123
The efficiency of 119 electric cooperatives in the Philippines from 1990-2002 is analyzed using a stochastic frontier model augmented with spatial-temporal terms, addressing the underestimation of technical efficiency usually encountered among maximum-likelihood based methods. The model is also...
Persistent link: https://www.econbiz.de/10009365176
Inadequate access to credit contributes to poverty among especially women in developing countries. It is evidenced that in patriarchal societies, males are likely to influence investment decisions when loans are granted to their spouses or female relatives. However the existing literature is...
Persistent link: https://www.econbiz.de/10010580765
Consider a stochastic frontier model with one-sided inefficiency u, and suppose that the scale of u depends on some variables (firm characteristics) z. A one-step model specifies both the stochastic frontier and the way in which u depends on z, and can be estimated in a single step, for example...
Persistent link: https://www.econbiz.de/10009025324
Most studies on measuring China's energy efficiency were conducted in the framework of the input-oriented Data Envelopment Analysis. This approach generally calculates the technical efficiency by shrinking all the input factors equally proportionally subject to the observed output still being...
Persistent link: https://www.econbiz.de/10011118152
En este trabajo se mide la ineficiencia técnica y asignativa de los hospitales gestionados por el INSALUD, y se ofrecen los rasgos determinantes del perfil que caracteriza a los centros que resultan ineficientes técnicamente.La principal aportación se refiere al estudio de las causas de la...
Persistent link: https://www.econbiz.de/10005549581
The aim of this article is to analyse the evolution and degree of convergence in the technical efficiency of the regional productive sectors. We use the frontier approach of the Malmquist Index computed through the nonparametric programming method to compare the contribution of efficiency gains...
Persistent link: https://www.econbiz.de/10010992290
This paper seeks to explain the lagging productivity in Singapore's manufacturing noted in the statements of the Economic Strategies Committee Report 2010. Two methods are employed: the Malmquist productivity to measure total factor productivity change and Simar and Wilson's (J Econ,...
Persistent link: https://www.econbiz.de/10010854943
Iceland is one of the smallest European economies and the country was hit severely by the 2008-financial crisis. This paper considers the economy in the period preceding the collapse. Applying a Data Envelopment Analysis on 204 randomly selected firms, the results suggest that a substantial...
Persistent link: https://www.econbiz.de/10005206979