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Using a newly compiled data set, this paper provides insights into the characteristics of the child care industry. First, there is no difference in average quality of the services produced between nonprofit and for-profit centers. This indicates that nonprofit status cannot be taken as a signal...
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the model estimated is that marginal costs depend on the economic efficiency of each farm. As a result, it is possible to … explore the linkages between efficiency and quota value. …
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Previous studies mostly focus on bank performance, but few studies have effectively investigated how efficiency is … issuance and credit revolvers reduce bank efficiency during card insolvency crisis in the Taiwanese banking industry. The … results show that the credit card insolvency crisis reduces bank efficiency. Particularly, banks with low card issuance levels …
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We examine the cost structure of public schools in this paper, using frontier cost models that enable us to estimate sources of inefficiency. A two equation stochastic frontier model is presented that can be used to explain both cost and the sources of inefficiency. Using that model and data for...
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