Showing 1 - 10 of 4,718
events, this paper provides new evidence of technical efficiency for 42 national and international airlines in 2006 using the … first stage, technical efficiency scores are estimated using a bootstrap DEA model. In the second stage, a truncated … regression is employed to quantify the economic drivers underlying measured technical efficiency. The results highlight the key …
Persistent link: https://www.econbiz.de/10009325828
Persistent link: https://www.econbiz.de/10008456279
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a …, but can also improve the precision of efficiency estimation. Based on our results, we give recommendations for the …
Persistent link: https://www.econbiz.de/10011910874
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a …, but can also improve the precision of efficiency estimation. Based on our results, we give recommendations for the …
Persistent link: https://www.econbiz.de/10014033300
-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …
Persistent link: https://www.econbiz.de/10011448121
Airport benchmarking depends on airport operational performance and efficiency indicators, which are important issues … complex indicators to evaluate airports performance and efficiency as well as several techniques to benchmark such … infrastructures. The general aim of this work is the development of airport performance and efficiency predictive models using robust …
Persistent link: https://www.econbiz.de/10011508186
difficult to achieve and there is an urgent need for a comprehensive efficiency and performance analysis of the Japanese energy … Minimization EDM method and the Target-Oriented (TO) approach based on a Super-Efficiency model, for generating an appropriate … efficiency-improving projection model. The TO approach specifies a Target-Efficiency Score (TES) for inefficient DMUs. This …
Persistent link: https://www.econbiz.de/10013076392
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring e fficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....
Persistent link: https://www.econbiz.de/10010341110
This paper analyzes the relationship between intermunicipal cooperation and efficiency of public service provision. The …. We employ a two-stage DEA (DEA = Data Envelopment Analysis) bootstrap approach to calculate relative efficiency measures … municipalities score lower in terms of technical efficiency than self-providing and contracting municipalities. The scope for …
Persistent link: https://www.econbiz.de/10010438114
This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …
Persistent link: https://www.econbiz.de/10011300255