The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …

The paper examines efficiency and productivity of US property-liability (P-L) insurers using data envelopment analysis … (DEA). We estimate pure technical, scale, cost, revenue and profit efficiency over the period 1993-2011. Insurers' adjacent … relationship of insurers' efficiency with their ownership structure, product and distribution strategies. Regression analyses are …

examines premiums, medical expenses, medical service utilization, and data envelopment analysis (DEA) efficiency measures of … instead of service price increase. Among states, we find inconsistency existed in medical service pricing. Efficiency analyses … show that Medicaid managed care had the highest efficiency from both the consumer and societal perspectives, which …

This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 …. This finding suggests that the effect on countries' production efficiency is positive for lower number of disaster events …

would be wrong and (ii) how revenue and cost efficiencies contribute to profit efficiency. Using data from U.S. commercial ….5% is due to revenue inefficiency and 4.7% to cost inefficiency. Cost efficiency weighs more than revenue efficiency in … estimated profit efficiency. However, compared with cost inefficiency, revenue inefficiency affects more overall profitability …

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 …

In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms … imperfect competition and managerial efficiency are important. However, the magnitude of the bias is not large ... …