The performing arts sector is also capable of being studied from the point of view of economics. Having this into account we focus on its relation resources/products and on the concept of efficiency as one of the components of the productivity, analyzing the period 1995-1999 in order to...

This paper applies Data Envelopment Analysis (DEA) to voting for the Baseball Hall of Fame. The approach interprets a player's career statistics as inputs, and the percentage of votes he received for the HOF as the output. A constructed frontier based on past voting defines the maximum number of...

Distinguishing between intended ("good") production and unintended or residual ("bad") generation, we introduce the concept of by-production. In by-production technologies, pollution is an output that satises a "costly disposability" assumption and violates standard free disposability with...

This paper measures energy efficiency improvements of US single-family homes between 1997 and 2001 using a two-stage procedure. In the first stage, an indicator of energy efficiency is derived by means of Data Envelopment Analysis (DEA), and the analogy between the DEA estimator and traditional...

This work follows the series of studies conducted in Ipea, in order to compare the efficiency of the Brazilian health system to health systems of other countries. We evaluate the efficiency of expenditure in health care provision by comparing various output measures (life expectancy; infant...

The aim of the paper is to use the data envelopment analysis (DEA) for mining in Zacatecas and provide efficiency indicators in the years 1998, 2003, and 2008. We compare the performance of the state of Zacatecas with other mining states in Mexico. Then the empirical analysis extends to specific...

Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound...

Performance measurement is an area of crucial interest in asset valuation and investment management. High volatility as well as time aggregation of returns, amongst other characteristics, may distort the results of conventional measures of performance. In this work, we study the performance of...

Recent discussions on the definition of growth in terms of welfare beyond GDP suggest that it is of urgent need to develop new approaches for measuring the economic performance of the firms and national economies. The new concepts should take into account simultaneously economic as well as...

There has been a lively discussion about measures of social welfare beyond GDP induced by Stiglitz Report (Stiglitz et al, 2009) which can be viewed as a summation of the earlier efforts to deal with those challenges. Environmental indicators constitute one important dimension to be taken into...