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The paper proposes a stochastic frontier model with random coefficients to separate technical inefficiency from technological differences across firms, and free the frontier model from the restrictive assumption that all firms must share exactly the same technological possibilities.
Persistent link: https://www.econbiz.de/10005781140
expectation of achieving cost efficiency gains. This article examines whether theoretical expectations of cost efficiency gains … parameter frontier model, cost efficiency gains are found, particularly with a payment per patient case system. Payment systems …
Persistent link: https://www.econbiz.de/10009741029
This paper shows evidence on the influence of risk-taking on bank efficiency in emerging markets and identifies … inefficiency parameters to a sample of Colombian banks. The model provides accurate cost and profit efficiency estimates. The … effects of risk-taking on efficiency vary with size and affiliation. Large and foreign banks benefit more from higher exposure …
Persistent link: https://www.econbiz.de/10012856150
risk-taking on bank efficiency and distinguishes the effects among banks with different characteristics. The model is … fitted to a 10-year sample of Colombian banks. Cost and profit efficiency are found to be over and underestimated … risk affect bank efficiency vary with size and affiliation. In particular, domestic and small Colombian banks benefit more …
Persistent link: https://www.econbiz.de/10013010639
expectation of achieving cost efficiency gains. This article examines whether theoretical expectations of cost efficiency gains … parameter frontier model, cost efficiency gains are found, particularly with a payment per patient case system. Payment systems …
Persistent link: https://www.econbiz.de/10013117487
The smoothed maximum score estimator of the coefficient vector of a binary response model is consistent and asymptotically normal under weak distributional assumptions. However, the differences between the true and nominal levels of tests based on smoothed maximum score estimates can be very...
Persistent link: https://www.econbiz.de/10005560329
To date, due to the lack of panel data, most micro-level empirical studies of technology adoption have used cross …
Persistent link: https://www.econbiz.de/10005750799
technology". By separating the production of undesirable outputs from that of desirable outputs, not only do we ensure that … index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency …
Persistent link: https://www.econbiz.de/10011755288
technology". By separating the production of undesirable outputs from that of desirable outputs, not only do we ensure that … index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency …
Persistent link: https://www.econbiz.de/10011297619
refuses access to the data), I show its assumption of homogeneous technology cannot be maintained. Quantile regressions (QR … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …. This estimation has better goodness of fit, reduced variance of all coefficients, and higher efficiency scores for nearly …
Persistent link: https://www.econbiz.de/10011448121