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association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly … efficiency of these two evolutions. In particular, we adapt Free Disposal Hull (FDH) to estimate robust and conditional non …-oriented efficiency estimates. Parametric COLS (Fourier) tests show the robustness of the model with respect to the specification and its …
Persistent link: https://www.econbiz.de/10011373828
function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
Persistent link: https://www.econbiz.de/10009781750
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10010510115
Private and collective enterprises are expected to increase overall efficiency in transitional China, partly because … they are more efficient than state owned enterprises. More importantly, this paper argues, they induce efficiency gains in …
Persistent link: https://www.econbiz.de/10010511005
Persistent link: https://www.econbiz.de/10012197179
An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
Persistent link: https://www.econbiz.de/10011853185
This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …
Persistent link: https://www.econbiz.de/10011901962
The study analyzes the efficiency implications of fiscal decentralization using stochastic frontier analysis (SFA). It … efficiency. The findings of SFA lend empirical evidences to what the literature says about the health devolution experience in … inefficiency. These issues should be addressed to fully reap the potential benefits (e.g., efficiency gains) from fiscal …
Persistent link: https://www.econbiz.de/10012194102
Persistent link: https://www.econbiz.de/10011631769