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Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...
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distribution companies in Germany. We address traditional issues in electricity sector benchmarking, such as the role of scale …
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Due to recent legislation, Benchmarking in the German water and sewerage sector will be introduced as widely as …. I will define two sets of conditions. First, a useful benchmarking initiative should fulfil certain criteria outlined in … comparisons in the future. Second, a German benchmarking system should be as flexible as possible. A system which is comparable to …
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