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A stochastic frontier cost function is estimated using panel data for the electricity generating industry in India. The impact of distributional and functional form assumptions on technical inefficiency and the sources of inefficiency are investigated by using maximum likelihood, GLS and...
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population density, unemployment, homicide rates and property concentration have a lower efficiency score, whereas departments …
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Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011227871
This paper analyzes the technological efficiency of companies in the European Union (EU). Our extensive database covers … age is negligible, the higher the debt the greater the efficiency, bigger companies are less efficient, and a medium …-level concentration of the market benefits companies. Majority ownership, in contrast, does not lead to higher efficiency, but a …
Persistent link: https://www.econbiz.de/10011228249
In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm … efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the …
Persistent link: https://www.econbiz.de/10010842908
The aim of this research is to study the relationship between capital structure and the efficiency in both state and … the relationship between capital structure and the banks efficiency. The sample research includes 18 banks during the … interbank effects and there is a meaningful relationship between the efficiency and the debt ratio in the first hypothesis and …
Persistent link: https://www.econbiz.de/10010727927
efficiency gap of around 40% against European best practice – in line with engineering-based evidence. More widely, the paper …
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