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Recent analyses of baseball managers' performances have employed the so-called 'Pythagorean Theorem' of baseball. This 'theorem' states that the ratio of wins to losses can be approximated by the square of the ratio of team runs scored to opposition runs scored. Recent publications assume this...
Persistent link: https://www.econbiz.de/10005443244
Nationwide, most public school teachers are paid according to a uniform salary schedule determined by their school or district. While this precludes variation in salaries over teachers of identical qualifications within a school, there is variation across schools in the parameters of the salary...
Persistent link: https://www.econbiz.de/10011163306
In this paper we develop a Malmquist productivity index for public sector production characterized by the influence of environmental variables. We extend Johnson and Ruggiero (2011) to the more general case of variable returns to scale to further decompose the Malmquist productivity index into...
Persistent link: https://www.econbiz.de/10010738146
The variable returns to scale data envelopment analysis (DEA) model is developed with a maintained hypothesis of convexity in input–output space. This hypothesis is not consistent with standard microeconomic production theory that posits an S-shape for the production frontier, i.e. for...
Persistent link: https://www.econbiz.de/10010744224
In this paper, we apply a public sector Data Envelopment Analysis model to estimate the efficiency of Australian primary and secondary schools. Standard microeconomic production theory showing the transformation of inputs into outputs is extended to allow nondiscretionary environmental variables...
Persistent link: https://www.econbiz.de/10010744355
"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...
Persistent link: https://www.econbiz.de/10004981366
The Ohio Supreme Court recently ruled that Ohio's elementary and secondary public school financing system violates the state's constitution. It was estimated that an additional $1 billion is necessary to overhaul the current system. These costs are based on a report that defined the base cost of...
Persistent link: https://www.econbiz.de/10005044608
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