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Economic efficiency – understood in terms of jurisdictions providing a maximum amount of output for a given level of inputs – is one potential means to evaluate public policies. Various approaches, however, co-exist to measure the (technical) efficiency of organizations. Given that these...
Persistent link: https://www.econbiz.de/10010307694
The paper presents a rigorous frontier-analysis of technical efficiency, returns to scale and the composition of productivity growth of the Italian prison system over the period 2003-2005. The study tries to fill some gaps in the literature on the subject, which mainly suffers from both...
Persistent link: https://www.econbiz.de/10010944833
Economic efficiency – understood in terms of jurisdictions providing a maximum amount of output for a given level of inputs – is one potential means to evaluate public policies. Various approaches, however, co-exist to measure the (technical) efficiency of organizations. Given that these...
Persistent link: https://www.econbiz.de/10009397095
In this paper we examine the productive performance of a group of three East European carriers and compare it to thirteen of their West European competitors during the period 1977–1990. We first model the multiple output/multiple input technology with a stochastic distance frontier using...
Persistent link: https://www.econbiz.de/10010866001
Healthcare institutions worldwide are increasingly the subject of analyses aimed at defining, measuring and improving organisational efficiency. However, despite the importance of efficiency measurement in healthcare services, it is only relatively recently that the more advanced econometric and...
Persistent link: https://www.econbiz.de/10005766383
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One hears that the credit ranking score has increased technical efficiency in financial holding companies, when a data envelopment analysis (DEA) is employed. Our empirical results show that the credit ranking scores will obviously affect the estimated results of efficiency measurement in...
Persistent link: https://www.econbiz.de/10009763843