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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
of equality of frontiers, have been available. The few existing tests are based on asymptotic theory relying on large …, have the correct size and furthermore higher power than the existing alternative tests based on asymptotic theory. …
Persistent link: https://www.econbiz.de/10012132662
Corporation (LIC) of India. The findings show a significant heterogeneity visible in the cost efficiency scores within 19 years … efficiency in 2000-01 is the basis for an optimism that LIC may be beginning to benefit from such a modernization, which will …
Persistent link: https://www.econbiz.de/10014163688
pesticides, family labour, and capital enhance the Technical Efficiency (TE) of growth inputs. However, hired labour affects …
Persistent link: https://www.econbiz.de/10012814364
some valuable progress has been made exploring the economic theory underlying DEA models, these developments have remained … in their infancy and have not found enough application. An attempt is made here to examine the DEA model of efficiency …
Persistent link: https://www.econbiz.de/10014163690
We propose a new scheme for measuring scale elasticity of production based on a new cost efficiency model developed in … the premise that the classical estimates of cost efficiency and scale elasticity can be illusory …
Persistent link: https://www.econbiz.de/10014039795
background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance …
Persistent link: https://www.econbiz.de/10012178843
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
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
Persistent link: https://www.econbiz.de/10012040588