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Benchmarking methods are widely used in the regulation of firms in network industries working under heterogeneous exogenous environments. In this paper we compare three recently developed estimators, namely conditional DEA (Daraio and Simar, 2005, 2007b), latent class SFA (Orea and Kumbhakar, 2004;...
Persistent link: https://www.econbiz.de/10011483291
Directional distances provide useful, flexible measures of technical efficiency of production units relative to the efficient frontier of the attainable set in input-output space. In addition, the additive nature of directional distances permits negative input or outputs quantities. The choice...
Persistent link: https://www.econbiz.de/10011873826
characterizing the extent of heterogeneity within an industry that is robust with regard to extreme values of a few small firms. It … was found that the level of intra-industry heterogeneity is mainly determined by an industries' average technical …
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This paper uses a Latent Class Stochastic Frontier Approach to factor out the heterogeneity in the data and to provide … analysis indicates heterogeneity not only among the level of profit and cost efficiency, but also regarding the response of …
Persistent link: https://www.econbiz.de/10009775651
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This paper estimates the relative technical efficiency of Brazilian municipalities in the public education using the DEA model along with tobit regressions with the aid of re sampling methods. The jackstrap method enabled the estimation of robust efficiency scores, while the bootstrap allowed...
Persistent link: https://www.econbiz.de/10010406322
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We developed a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. We employed a 10-year panel with data on container throughput, port terminal area, berth length, and number of available cranes in 63 ports. The...
Persistent link: https://www.econbiz.de/10011286279