To promote the benign development of China's power industry in terms of efficiency improvement and environmental protection, China's power industry needs to ameliorate the market and environmental technical efficiency urgently. Based on the internal mechanism of production-supply in power...

This study used descriptive statistics, budgetary analysis, and stochastic profit function to analyze data collected from 120 catfish fingerlings producers in Edo State, Nigeria to examine the profitability and profit efficiency of their production. Results from the study show that catfish...

The aim of the research was to evaluate wages of wage earners and farmers’ own labor payment based on farm income in terms of various types of farming in Poland. The paper also examines the impact of subsidies on the payment of farmers’ own labor inputs and production efficiency. The...

This study estimates technical efficiency and total factor productivity change in the Nigerian banking sector for the period 2005 – 2014, which encapsulates the post consolidation era and subsequent regime of banking reforms aimed at stabilizing the sector from the effects of financial crisis....

For most of the second half of the 20th century, modern neoclassical finance, and more generally much of social science, has been based on the von Neumann and Morgenstern (VM) (1944) game theory expected utility axioms as a prescription for rational decision making under uncertainty. Traditional...

Whether input suppliers charge customized (discriminatory) or industry-wide (uniform) prices affects downstream manufacturers' incentives to innovate. This paper investigates the implications of input price discrimination when an upstream monopolist commits to prices before downstream firms make...

As a result of liberalisation of the industrial policy, a number of multi-national companies are being established in the country. With the varying nature of these industries, they generate more wastes resulting in the lower overall productivity. Gradually lot of approaches have been adopted in...

How successful did the Brazilian Hereditary Captaincies done at the 16th century? Until recently, no data-oriented study has explored this question. In this article I use Data Envelopment Analysis (DEA) to address this question, estimating several production possibility frontiers. The main...

In this study, we examined the moderating effect of information technology (IT) on the relationship between inventory management and firm performance. To achieve this, we adopted technical efficiency as a variable of firm performance, used inventory turnover as an indicator for evaluating the...

The traditional predictor of technical inefficiency proposed by Jondrow et al. (1982) is a conditional expectation. We study whether, and by how much, the predictor can be improved by using auxiliary information in the conditioning set. To do so, we use simulations to study two types of...