Showing 1 - 10 of 10
Policy recommendations concerning optimal scale of production units may have serious implications for the restructuring of a sector. The piecewise linear frontier production function framework (DEA) is becoming the most popular one for assessing not only technical efficiency of operations, but...
Persistent link: https://www.econbiz.de/10010988851
This paper deals with a dynamic adjustment process in which adjustment of a key variable input (labor) towards its desired level is modeled in a panel data context. The partial adjustment type model is extended to make the adjustment parameter both firm- and time-specific by specifying it as a...
Persistent link: https://www.econbiz.de/10010865895
Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new regimes for electricity distributors. A sample of large electricity distribution utilities from Denmark, Finland, Norway, Sweden and the Netherlands for the year 1997 is...
Persistent link: https://www.econbiz.de/10010284240
The performance of local tax offices of Norway is studied over a three year period applying Data Envelopment Efficiency analysis and a Malmquist productivity index. The estimates are biascorrected using a bootstrap approach recently developed for DEA models. The results show that bias correction...
Persistent link: https://www.econbiz.de/10010284365
Measuring productive efficiency is an important research strand within fields of economics, management science and operations research. One definition of efficiency is the proportional scaling needed for observations of an inefficient unit to be projected onto an efficient production function...
Persistent link: https://www.econbiz.de/10010285579
Persistent link: https://www.econbiz.de/10011519111
The performance of local tax offices of Norway is studied over a three year period applying Data Envelopment Efficiency analysis and a Malmquist productivity index. The estimates are biascorrected using a bootstrap approach recently developed for DEA models. The results show that bias correction...
Persistent link: https://www.econbiz.de/10005198035
Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new regimes for electricity distributors. A sample of large electricity distribution utilities from Denmark, Finland, Norway, Sweden and the Netherlands for the year 1997 is...
Persistent link: https://www.econbiz.de/10005427050
Previous works applying hedonic price technique to determine the formation of auction prices of objects of art have found no conclusive result about the impact of auction houses on final prices. In these studies the object of art has been the unit, and influence of auction houses is analysed by...
Persistent link: https://www.econbiz.de/10005427065
If a DEA model has a mix of categorical and continuous variables a standard LP formulation can still be used by entering all combinations of categorical and continuous variables as different types of inputs and/or outputs. Most units will then not have positive levels of all variables. The...
Persistent link: https://www.econbiz.de/10005427069