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Monte Carlo experimentation is a well-known approach used to test the performance of alternative methodologies under different hypotheses. In the frontier analysis framework, whatever the parametric or non-parametric methods tested, experiments to date have been developed assuming single output...
Persistent link: https://www.econbiz.de/10004973596
Endogeneity, and the distortions on the estimation of economic models that it causes, is a familiar problem in the econometrics literature. Although non-parametric methods like data envelopment analysis (DEA) are among the most used techniques for measuring technical efficiency, the effects of...
Persistent link: https://www.econbiz.de/10011110004
The aim of this research is to identify the main drivers of secondary school efficiency in Uruguay. We are particularly interested in identifying which variables could be influenced by the design of public policies in order to improve academic outcomes with the current resource allocation. To do...
Persistent link: https://www.econbiz.de/10011111059
Endogeneity, and the distortions on the estimation of economic models that it causes, is a usual problem in the econometrics literature. Although non-parametric methods like Data Envelopment Analysis (DEA) are among the most used techniques for measuring technical efficiency, the effects of such...
Persistent link: https://www.econbiz.de/10011209311
The programme for international student assessment (PISA) 2006 Report (OECD, PISA 2006: science competencies for tomorrow’s world, Organisation for Economic Co-operation and Development, Paris in <CitationRef CitationID="CR60">2007</CitationRef>) showed significant differences among Spanish students attending publicly financed schools....</citationref>
Persistent link: https://www.econbiz.de/10010988811
Persistent link: https://www.econbiz.de/10008248348
Persistent link: https://www.econbiz.de/10007789940
In this paper we show that given a utility threshold Luenberger’s benefit function correctly represents individual preferences as long as specific reference commodity bundles are considered. We further show a condition which is sufficient for reaching Pareto optimality that generalizes...
Persistent link: https://www.econbiz.de/10011208146
We discuss how to properly decompose economic efficiency when the underlying technology is non-homothetic using alternative allocative and technical efficiency criteria. We first show that only under the production of one output and assuming the particular case of constant returns to scale...
Persistent link: https://www.econbiz.de/10010734055
Cost or revenue efficiency measurement based on the approach initiated by Farrell has received great attention from academics and practitioners since the fifties. Farrell’s approach decomposes cost efficiency into two different sources, viz. technical efficiency and allocative efficiency....
Persistent link: https://www.econbiz.de/10010895267