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"The cost efficiency of 520 New York school districts is measured using data envelopment analysis and stochastic frontier regression. Mean inefficiency is 14% using either method, and the rank order correlation coefficient of inefficiency between the two methods is 86. The three largest school...
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Purpose – This paper aims to estimate the cost to US savings banks and savings and loan institutions with assets under $250 million of complying with the anti-redlining Community Reinvestment Act (CRA). Design/methodology/approach – Compliance cost is modeled as a type of inefficiency...
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A stochastic frontier cost function is fitted to data for 219 New York hospitals (1991). Economic inefficiency is estimated to be about 18 percent, comparable to published estimates for hospitals nationwide. Hospitals with over 300 beds are notably more efficient, and those with more Medicare...
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The use of salt for deicing roads results in costs estimated at more than $800 per ton-including the costs of repair and maintenance of roads and bridges, vehicle corrosion costs, and loss of aesthetic value through roadside tree damage. Additionally, there are probable health costs related to...
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