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productivity changes of the life insurance industry in Ghana poses management challenges. The main objective of this paper is to … measure the efficiency and productivity changes in the life insurance industry in Ghana. The Ghana National Insurance … the bootstrap technique to measure the productivity changes of a sample of 19 out of 20 Ghanaian life insurance firms for …
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A rich literature on the analysis of efficiency in production has developed since pioneering work of Tjalling Koopmans and George Debreu in the 1950s. This literature includes work by researchers in economics, econometrics, management science, operations research, mathematical statistics and...
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series two-stage data envelopment analysis (DEA) combined with bootstrap and hierarchical clustering. The results of the two …-stage DEA bootstrapped analysis indicate that the key problem with the firms' performance is a lack of effectiveness rather than …' performance metrics are unrelated. As a result, a bootstrapped DEA-based synthetic indicator is developed to be used with the …
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(AIC) is used for model selection. Moreover, a likelihood ratio test is performed for the nested models. A bootstrap …
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