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This paper presents and applies different approaches to estimate returns to scale in multiple-input multiple-output technologies. Scale efficiency gives quantitative information of scale characteristics. A primal based approach to estimate the scale elasticity is proposed as an alternative to...
Persistent link: https://www.econbiz.de/10014106291
Contextual factors usually assume an important role in determining firms' productive efficiencies. Nevertheless, identifying them in a regression framework might be complicated. The problem arises from the efficiencies being correlated with each other when estimated by Data Envelopment Analysis...
Persistent link: https://www.econbiz.de/10013028758
Since the introduction of bootstrap DEA there is a growing literature on applications which use this method, mainly for hypothesis testing. It is therefore important to establish the consistency and evaluate the performance of bootstrap DEA. The few Monte Carlo experiments in the literature...
Persistent link: https://www.econbiz.de/10009583702
Bootstrapping non-parametric models is a fairly complicated exercise which is associated with implicit assumptions or …
Persistent link: https://www.econbiz.de/10009583705
The present study applies a bootstrapped data envelopment analysis (DEA) procedure to compute bias-corrected measures of agricultural total factor productivity (TFP) change and its components (technical change and technical efficiency change) using a panel data of 19 regions of Bangladesh...
Persistent link: https://www.econbiz.de/10012021677
of convergence and divergence in a cross-country analysis. Specifically, we used bootstrapping techniques to examine a …
Persistent link: https://www.econbiz.de/10012776795
The purpose of this paper is to use the bootstrap resampling technique to calculate confidence intervals for efficiency measures and Malmquist productivity indices. The efficiency and productivity measures are obtained from non-parametric linear programming models using primal production data....
Persistent link: https://www.econbiz.de/10005423888
Data Envelopment Analysis (DEA) is a widely applied nonparametric method for comparative evaluation of firms’ efficiency. A deficiency of DEA is that the efficiency scores assigned to each firm are sensitive to sampling variations, particularly when small samples are used. In addition, an...
Persistent link: https://www.econbiz.de/10011260496
To create their rankings, university-ranking agencies usually combine multiple performance measures into a composite index. However, both rankings and index scores are sensitive to the weights assigned to performance measures. This paper uses a stochastic dominance efficiency methodology to...
Persistent link: https://www.econbiz.de/10014112285
In a recent paper Johnson and Kuosmanen (2011) propose a new, semi-parametric, general cost-frontier model, the stochastic nonparametric envelopment of data (StoNED). The model is semi-parametric in the sense that the cost function is estimated nonparametrically, while the functional form of the...
Persistent link: https://www.econbiz.de/10013015216