Bootstrap confidence intervals on fixed-effects efficiency estimates in micro panels exhibit low coverage probabilities …. We propose an alternative efficiency measure involving the mean of the firm effects. With the same estimated efficiency … ranks as the traditional measure, its corresponding bootstrap confidence intervals have better coverage probabilities. …

This paper contributes to the bank efficiency literature through an application of recently developed random parameters … analyse the evolution of the average rank cost efficiency for Latin American banks between 1985 and 2010. Cost efficiency …

This paper contributes to the bank efficiency literature through an application of recently developed random parameters … analyse the evolution of the average rank cost efficiency for Latin American banks between 1985 and 2010. Cost efficiency …

The aim of this work is to study the efficiency of firms operating in Calabria, a small and economically … manufacturing firms which are observed over the 1998-2006 period. Results show that the efficiency score is, on average, about 60 …%. A declining trend is observed over the last three-year period, 2004-2006. Moreover, firm efficiency increases with firm …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm … efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the …

In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm … efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the …

By using stochastic frontier analysis, this article examines the technical efficiency of different types of … microfinance institutions in Latin America. In particular, it tests whether differences in technical efficiency, both intra- and … the importance of ownership type for technical efficiency. …

establecen sus vínculos. The paper develops a general vision of fundamentals of the more extended methods to analyse efficiency … competitiveness and efficiency establishing their relationship. …