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the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide … America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency …
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Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks – that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
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This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …
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We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well …, absence of corruption, and generosity) identified in the World Happiness Reports and apply Data Envelopment Analysis to a … sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the Nordics, are …
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study the trade-off between efficiency (proxied by real GDP per capita and TFP) and equity (proxied by the labour share of …
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