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index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency …
Persistent link: https://www.econbiz.de/10011297619
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
The objective of this paper is to discuss the use of modern frontier efficiency analysis to analyze firm performance in … research to incorporate the frontier efficiency approach. The chapter also serves as a guide for those who are already … conducting frontier efficiency analysis but are seeking guidance in using the methodology or defining inputs and outputs. We …
Persistent link: https://www.econbiz.de/10013066707
The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …
Persistent link: https://www.econbiz.de/10011892982
We provide an axiomatic foundation for efficiency measurement in the full space, referred to as "graph efficiency …
Persistent link: https://www.econbiz.de/10014046424
index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency …
Persistent link: https://www.econbiz.de/10013021344
This paper analyses the evolution and policy drivers of the productivity of farmers' human capital in EU agriculture from 1986 to 2010. The empirical analysis employs farm data sourced from the Farm Accountancy Data Network Standard Results as well as Eurostat's information on farm holders'...
Persistent link: https://www.econbiz.de/10013268160
are summarized as follows. First, there is a fall in average efficiency score across models from Do (x,y) to SBMo (x,y) to … suggesting a wider range of variation in efficiency scores in SBM (x,y). Second, the top and bottom 19 companies are found from …
Persistent link: https://www.econbiz.de/10013097877
markets of the member states aiming at an increased efficiency of the European insurance markets. We analyze to which extent … changes in technical cost and profit efficiency levels since the liberalization, as well as a measurement of technological … change. Technical cost efficiency levels are estimated by applying a stochastic "true" fixed effects distance frontier …
Persistent link: https://www.econbiz.de/10003886293
not satisfied in real economies. Moreover, growth accounting assumes efficiency on factor and commodity markets, and … consequently does not distinguish between efficiency change and technical change. In this paper, we estimate total factor … efficiency change and technical change components. Using input-output tables of the US economy for the period 1977 to 2006, we …
Persistent link: https://www.econbiz.de/10013100276