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This analysis compares the technical efficiency of charter school primary and secondary campuses with that of comparable campuses in traditional Texas school districts. Charter schools are hybrids-publicly funded, but not required to meet all the state regulations releant for traditional...
Persistent link: https://www.econbiz.de/10005293220
We exploit the duality between the cost function and the directional distance function in value space to recover hedonic prices of product or asset characteristics. An application is offered for 96 Oregon vineyards located in the Willamette Valley of Oregon that sold between 1995 and 2007....
Persistent link: https://www.econbiz.de/10011121458
This article provides a method of measuring performance in the public sector, specifically performance of school districts. The technique is closely related to the family of Farrell type efficiency measures as well as data envelopment analysis (DEA). It also can be viewed as a generalization of...
Persistent link: https://www.econbiz.de/10011135535
The directional distance function provides a complete characterization of the production technology and, when differentiable, can be used to derive shadow prices for nonmarket outputs. A quadratic functional form and the linear programming least absolute deviations method is used to implement...
Persistent link: https://www.econbiz.de/10011135567
In recent years, economists have started to move beyond calculating regulatory effects on a pollutant-by-pollutant basis since their interaction is important. In this study, we take up this issue. To allow for joint production of multiple pollutants and marketable output, we specify our...
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