Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price … substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …

This paper shows that the use of excessively aggregated organizational units in a benchmarking study may skew the … compensating the possible consolidation bias by calculating the so-called Potential Process Efficiency PPE. Finally,the paper … applies the proposed method to the benchmarking model used by the Brazilian Electricity Regulatory Agency (ANEEL). Because of …

recession. Increasing the efficiency of social spending could be the key policy to address the dilemma as it allows the … optimization of the existing resources by reducing spending inefficiencies. This paper quantifies the efficiency gap in the health …

In this manuscript we present a comparative analysis of benchmarks based on technical efficiency scores computed using …