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The purpose of this paper is to improve the statistical analysis of multiproduct firm behavior. The authors offer a new empirical technique that can be used to directly analyze issues such as subadditivity, expansion path subadditivity, economies of scope, and economies of diversification....
Persistent link: https://www.econbiz.de/10005532269
This paper introduces an intertemporal variable cost indirect technology which permits technological change over time, as well as allowing for intertemporal financial flexibility. It characterizes firms or agencies which maximize outputs or services subject to a budget constraint. We define...
Persistent link: https://www.econbiz.de/10005408271
The NSW Government is implementing a financial framework which is designed to encourage government service providers to become more efficient and effective. NSW Treasury is using Data Envelopment Analysis (DEA) to measure the efficiency of major government service providers, such as police,...
Persistent link: https://www.econbiz.de/10011154937
The ability of a production unit to transform inputs into outputs is influenced by its technical efficiency and external operating environment. This paper introduces a nonparametric, linear programming, frontier procedure for obtaining a measure of managerial efficiency that controls for...
Persistent link: https://www.econbiz.de/10011155025
To address challenges for the 21st century, the Chinese government initiated a series of higher education reforms to support the open-door policy of China. Part of the education reform involves an allocation of additional funding of US$ 20 billion to a group of 112 universities to strengthen...
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