that technological progress only increases the efficiency of the labour factor. In terms of empirical analysis, the …

-Douglas technology. Their result can be explained by the fact that durations of factor utilization are explicitly taken into …

Efficiency is an important consideration for those who manage public services. Costs vary with output and with a … these factors into account, costs vary across providers because of differences in efficiency. Such differences offer clues … about good practice that can lead to improvements in the system as a whole. The role of efficiency is illustrated by …

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 …

Private and collective enterprises are expected to increase overall efficiency in transitional China, partly because … they are more efficient than state owned enterprises. More importantly, this paper argues, they induce efficiency gains in …

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 …

background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance …

envelopment analysis method. It emphasizes the importance of this nonparametric approach to macroeconomic efficiency analysis and …