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The performing arts sector is also capable of being studied from the point of view of economics. Having this into account we focus on its relation resources/products and on the concept of efficiency as one of the components of the productivity, analyzing the period 1995-1999 in order to...
Persistent link: https://www.econbiz.de/10005118893
Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...
Persistent link: https://www.econbiz.de/10011343085
Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound...
Persistent link: https://www.econbiz.de/10010530534
Some models are presented in this paper which extend the concept of measuring superefficiency to the useful case of variable returns-to-scales (VRS), thus enabling the ranking of efficient as well as inefficient units. Two models, namely the Universal Radial Model and the Universal Additive...
Persistent link: https://www.econbiz.de/10009714279
This paper by using Data Envelopment Analysis (DEA) and statistical inference evaluates the citation performance of 229 economic journals. The paper categorizes the journals into four main categories (A to D) based on their efficiency levels. The results are then compared to the 27 "core...
Persistent link: https://www.econbiz.de/10011524871
Since the introduction of bootstrap DEA there is a growing literature on applications which use this method, mainly for hypothesis testing. It is therefore important to establish the consistency and evaluate the performance of bootstrap DEA. The few Monte Carlo experiments in the literature...
Persistent link: https://www.econbiz.de/10009583702
Bootstrapping non-parametric models is a fairly complicated exercise which is associated with implicit assumptions or requirements that are not always obvious to the non-expert user. Bootstrap DEA is a significant development of the past decade; however, some of its assumptions and properties are...
Persistent link: https://www.econbiz.de/10009583705
Dieser Aufsatz dient dem Versuch, ein konsistentes wirtschaftspolitisches Bewertungsverfahren zur Analyse der Leistungsfähigkeit der genossenschaftlichen Bankunternehmung zu entwickeln. Dafür wird das auf linearer Programmierung beruhende Schätzverfahren "Data Envelopment Analysis (DEA)"...
Persistent link: https://www.econbiz.de/10003246043
Researchers and practitioners who use Data Envelopment Analysis often want to incorporate several inputs and outputs in their model to consider as much relevant information as possible. However, too many inputs and outputs can result in the well-known dimensionality problem referred to as the...
Persistent link: https://www.econbiz.de/10013165916
Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies. However, they are also sensitive to the choice of cost drivers. When some of the cost drivers are discretionary, this may lead to suboptimal incentives. When a regulated firm...
Persistent link: https://www.econbiz.de/10012514429