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This paper provides radial measurements of efficiency for the production process possessing multi-components under … consistency in estimating the efficiency and returns to scale. Moreover, we introduce two homogeneity conditions, which clarify …
Persistent link: https://www.econbiz.de/10014148773
production units. With regards to the efficiency evaluation, both the models are found to give statistically significant … ‘technical’ and ‘technical and scale’ efficiency ratings …
Persistent link: https://www.econbiz.de/10014039796
not only of the technology but also of firm-level heterogeneity in technical and allocative efficiency levels. The …
Persistent link: https://www.econbiz.de/10014208518
institutions are looking for ways to cut costs and to increase their efficiency in production. This paper proposes a new … efficiency are applied, whereas each is analysed by a distinct DEA approach. The results document not only the existence of …
Persistent link: https://www.econbiz.de/10013151128
This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …
Persistent link: https://www.econbiz.de/10011901962
We investigate in this paper differences in productive efficiency across sixteen European countries. In order to assess … differences in productive efficiency, we have built a dynamic input-output model and computed for each country the balanced growth …
Persistent link: https://www.econbiz.de/10014189798
relation of the railways' production density, scale scope and efficiency using a system of equations, graphic analysis, simple …. There is a perceptible, statistically significant relation of production density with scale and positive efficiency …, suggesting a relation between increase in net freight per kilometre transported and efficiency gains via scale level, but the …
Persistent link: https://www.econbiz.de/10012824639
Permutation techniques, where one recompute the test statistic over permutations of data, have a long history in statistics and have become increasingly useful as the availability of computational power has increased. Until now, no permutation tests for examining returns to scale assumptions,...
Persistent link: https://www.econbiz.de/10013338075
analyzing the impact of insurers' scale of operations and group affiliation status on benefits, costs, and efficiency from the … regarding the assessment of what constitutes efficiency with respect to scale of operations and group affiliation status … some guidelines regarding the appropriate scale of operations for the scale efficiency, and informs discussion of mergers …
Persistent link: https://www.econbiz.de/10012869567
The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …
Persistent link: https://www.econbiz.de/10011892982