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In this article we generalize the aggregation theory in efficiency and productivity analysis by deriving solutions to the problem of aggregation of individual scale efficiency measures, primal and dual, into aggregate primal and dual scale efficiency measures of a group (e.g., industry). The new...
Persistent link: https://www.econbiz.de/10011097775
In this article, we revisit a recent work on pricing decision-making units by F&aauml;re et al (2013) and extend it to allow for non-constant returns to scale technologies.
Persistent link: https://www.econbiz.de/10011095385
In this paper we consider estimation of models popular in efficiency and productivity analysis (such as the stochastic frontier model, truncated regression model, etc.) via the local maximum likelihood method, generalizing this method here to allow for not only continuous but also discrete...
Persistent link: https://www.econbiz.de/10011241952
In this paper we consider aggregate Malmquist productivity index measures which allow inputs to be reallocated within the group (when in output orientation). This merges the single period aggregation results allowing input reallocation of Nesterenko and Zelenyuk (2007) with the aggregate...
Persistent link: https://www.econbiz.de/10010785311
This paper investigates whether home or host country factors can explain differences in technical efficiency among foreign banks operating in the Luxembourg financial center. We first address heterogeneity across banks by using the group-wise bootstrap to compare DEA measures of bank efficiency...
Persistent link: https://www.econbiz.de/10010866102
We address the issue of equivalence of primal and dual measures of scale efficiency in general production theory framework. We find that particular types of homotheticity of technologies, which we refer to here as scale homotheticity, provide necessary and sufficient condition for such...
Persistent link: https://www.econbiz.de/10010988824
In this paper we compare productivity, efficiency and technological changes with and without case-mix as output categories using panel data on Ontario hospitals for the period 2002–2006. We use the Malmquist Productivity Index (MPI), Data Envelopment Analysis (DEA), and non-parametric density...
Persistent link: https://www.econbiz.de/10010753137