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 …

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 …

. 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 …

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 …

. 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 …

panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …” and “social science, mathematical methods” in the Web of Science database. This efficiency is measured in terms of the …

compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …

Typically, the error term in stochastic frontier models is assumed to be positively skewed; however, efficiency scores … all model parameters and efficiency scores can be estimated consistently regardless of positive or negative inefficiency …

-sample performance of our estimators. An empirical study of efficiency trends in the largest banks operating in the U.S. from 1990 to …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …