Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities …. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency … ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities. …

This paper contributes to the bank efficiency literature through an application of recently developed random parameters … analyse the evolution of the average rank cost efficiency for Latin American banks between 1985 and 2010. Cost efficiency …

This paper contributes to the bank efficiency literature through an application of recently developed random parameters … analyse the evolution of the average rank cost efficiency for Latin American banks between 1985 and 2010. Cost efficiency …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

bayesian inference is still capable of contemplating the temporal dynamics of efficiency. The consideration of this point is … fundamental, because the studies done to evaluate the efficiency of the electric sector have neglected the fact that part of the … increase in efficiency of a utility comes from the gain of scale due to the expansion of the market, a process that happens …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

The aim of this work is to study the efficiency of firms operating in Calabria, a small and economically … manufacturing firms which are observed over the 1998-2006 period. Results show that the efficiency score is, on average, about 60 …%. A declining trend is observed over the last three-year period, 2004-2006. Moreover, firm efficiency increases with firm …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …