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Markov chain Monte Carlo (MCMC) methods have become a ubiquitous tool in Bayesian analysis. This paper implements MCMC methods for Bayesian analysis of stochastic frontier models using the WinBUGS package, a freely available software. General code for cross-sectional and panel data are presented...
Persistent link: https://www.econbiz.de/10005062542
Persistent link: https://www.econbiz.de/10005091103
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements …
Persistent link: https://www.econbiz.de/10011605257
panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of 'economics …' and 'social science, mathematical methods' in the Web of Science database. This efficiency is measured in terms of the …
Persistent link: https://www.econbiz.de/10014494407
This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various … estimated production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to … efficiency of the firm. …
Persistent link: https://www.econbiz.de/10010494268
The efficiency of 119 electric cooperatives in the Philippines from 1990-2002 is analyzed using a stochastic frontier … model augmented with spatial-temporal terms, addressing the underestimation of technical efficiency usually encountered … included in the inefficiency equation provided that the spatial distance measure substantially captures the efficiency …
Persistent link: https://www.econbiz.de/10003781300
the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …, our paper provides evidence that higher performance (enhanced efficiency) has been not related to higher managerial skills …
Persistent link: https://www.econbiz.de/10013136814
the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …. Overall, our paper provides evidence that higher performance (enhanced efficiency) attained by banks prior to the current …
Persistent link: https://www.econbiz.de/10013153674
use stochastic frontier analysis methods to test for productivity and efficiency differences in manufacturing throughout … frontier estimations confirm very similar regional patterns. Nevertheless, efficiency varies strongly within states, indicating …
Persistent link: https://www.econbiz.de/10013158609
which we then apply. Thirdly, we introduce the concept of the spatial efficiency multiplier and show that the efficiency … benchmark for a productive unit from the structural form of a spatial stochastic frontier model differs from the efficiency …
Persistent link: https://www.econbiz.de/10012978825