Aim: The objective of the paper is to construct an index of fiscal performance of Indian states using four non-parametric approaches ( Data Envelopment Analysis(DEA), Free Disposal Hull(FDH), Order-m and Order-alpha).The reason behind using non-parametric methods for the purpose of construction...

Prices of commodities are determined by the market forces of demand and supply and susceptible to changes due to changes in market forces. The change in market forces within a short period leads to sharp change in prices leading to price volatility. Price risk is the potential for a future price...

Application of static Data Envelopment Analysis (DEA) on the time series data relating to a set of decision-making units fails to capture important interactions from period to period. Window analysis is a model structure which provides a more robust treatment to the movement in efficiency over...

Performance analysis of mutual funds operating in the Indian markets are mostly dependent on ratio aproach involving methodologies suggested by Sharpe and Treynor. The present paper makes use of non-parametric endogenous benchmarking to evaluate the performance of 16 top performing sectoral...

In the last two decades, numerous studies have used parametric and non-parametric techniques to estimate commercial bank productivity and efficiency in the Indian context. However, none of them has considered undesirable outputs in their analytical framework. The present paper makes an attempt...

There was a paradigm shift in the competition scenario of the Indian commercial banking sector as a consequence of the initiation of banking sector reforms and opening up of the banking sector to the foreign participants in a gradual fashion. The present paper benchmarks the performance of...

The present paper compares the capital adequacy of Indian commercial banks from a different angle: the Core Capital in relation to their Risk Weighted Assets by constructing a capital adequacy frontier and computing capital adequacy efficiency of the in-sample commercial banks by using Bilateral...