This study assesses the relative performance of Greek equity funds employing a non-parametric method, namely Data Envelopment Analysis (DEA). Specifically, we evaluate the funds’ total productivity change using the DEA-based Malmquist Index. Our results reveal significant losses in funds’...

Abstract Due to mounting fiscal pressures over the last few years, the federal government as well as many state and municipal governments in the United States (U.S.) have had to re-examine their transportation policies and programs. Tax increases and/or spending cuts which aim to trim budget...

This study assesses the returns to scale as evidenced from fish farmers in Ilorin, Kwara. A random sampling technique was adopted in selecting 120 fish farmers from fish farmers association of Nigeria Ilorin branch list. The data for the study were collected with the use of well structured...

The public capital installed in a region has an important role in the development of that region, because the studies in this area show us that public capital has an important role on the private sector performance. It is expected that public capital enhances private sector efficiency, and thus...

Irina Abankina, Ph.D. in Economics, Professor, Director of the Education Development Institute, National Research University - Higher School of Economics, Moscow, Russian Federation. Email: abankinaI@hse.ru Fuad Aleskerov, Eng.D., Professor, Head of Mathematics Department, Faculty of Economics,...

Energy efficiency has become one of the “twin pillars” of sustainable energy policy along with renewable energy. Imported energy dependency rate in the EU (54%) and Turkey (75%) calls for a great need of an effective energy efficiency strategy. This study analyzes the cross-country energy...

The paper presents the results of study of the efficiency of Ukrainian gas distribution system after increasing the prices on imported natural gas. Author detects decreasing returns to scale, relatively high productivity and increased profitability in the sector of gas supply.

The objective of this study is to determine the impact of manufacturing performance, which is created by the manufacturing strategy in textile and automotive supply industries, on business performance. The research was applied to small and medium-sized enterprises operating in textile and...

Esta investigación tiene como objetivo determinar la frontera tecnológica y la eficiencia técnica sectorial de México. La metodología empleada es el Data Envelopment Analysis. Los resultados muestran, en primer lugar, que los sectores relacionados con la agricultura, minería, manufacturas,...

The economic concept of Returns-to-Scale (RTS) has been intensively studied in the context of Data Envelopment Analysis (DEA). The conventional DEA models that are used for RTS classification require well-defined and accurate data whereas in reality data are often imprecise, vague, uncertain or...