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institutions are looking for ways to cut costs and to increase their efficiency in production. This paper proposes a new … efficiency are applied, whereas each is analysed by a distinct DEA approach. The results document not only the existence of …
Persistent link: https://www.econbiz.de/10013151128
The ability of public sector policy makers to prioritize has a huge impact on the effectiveness of public service provision. Public services can take the form of final outputs demanded by consumers or of intermediate outputs contributing to a process of realizing the higher goals of society. In...
Persistent link: https://www.econbiz.de/10011585156
Persistent link: https://www.econbiz.de/10012504845
pesticides, family labour, and capital enhance the Technical Efficiency (TE) of growth inputs. However, hired labour affects …
Persistent link: https://www.econbiz.de/10012814364
The statistical properties of the efficiency estimators based on Data Envelopment Analysis (DEA) are largely unknown … proposes asymptotic tests of whether two subsamples have the same efficiency distribution. There are difficulties arising from …
Persistent link: https://www.econbiz.de/10010284399
investment funds. This paper proposes an integrated approach for analyzing the efficiency and performance of mutual funds. The … assess the relative efficiency of mutual funds in terms of their return, size, gross expense ratio, turnover rate, and risk … efficiency results. The resulting model evaluates all mutual funds in a common basis and enables comparisons over time. The …
Persistent link: https://www.econbiz.de/10013099956
background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance …
Persistent link: https://www.econbiz.de/10012178843
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring e fficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....
Persistent link: https://www.econbiz.de/10010341110
compute efficiency scores by optimizing firm-specific shadow prices of inputs and outputs. This could be problematic because … problems, we propose an efficiency measure based on equilibrium shadow prices of different criteria, and use the bootstrap … efficiency distributions to gather information regarding efficiency variations and correlations. Through our methodology …
Persistent link: https://www.econbiz.de/10013094364
efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …. This estimation has better goodness of fit, reduced variance of all coefficients, and higher efficiency scores for nearly …
Persistent link: https://www.econbiz.de/10011448121