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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
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
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
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
In the fixed-effects stochastic frontier model an efficiency measure relative to the best firm in the sample is … new measures may be preferred depending on the skewness of the inefficiency distribution and the scale of efficiency …
Persistent link: https://www.econbiz.de/10013127269
Persistent link: https://www.econbiz.de/10012040588
panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …” and “social science, mathematical methods” in the Web of Science database. This efficiency is measured in terms of the …
Persistent link: https://www.econbiz.de/10012437397