Showing 1 - 10 of 194,590
This paper studies major airlines' choice of whether or not to outsource operations to regional airlines across routes and over time. Using panel data of the U.S. airline industry, we find significant differences on the pattern of outsourcing to regional airlines depending on whether the major...
Persistent link: https://www.econbiz.de/10012979141
Persistent link: https://www.econbiz.de/10011615954
Health Information Exchanges (HIEs) are designed to improve the efficiency and quality of healthcare through enhanced … use in emergency departments (EDs) on quality and efficiency of medical care. We focus on two dimensions of healthcare … quality, namely length of stay and 30-day readmission rate. From hospitals' efficiency perspective, we examine if HIE access …
Persistent link: https://www.econbiz.de/10012963251
estimation of technology parameters when panel data is available. Our approach is based on the assertion that if deviations from … ; Thick Frontier Approach ; X-efficiency …
Persistent link: https://www.econbiz.de/10008938440
that the estimation approach is consistent, showing good finite sample properties especially in small samples …
Persistent link: https://www.econbiz.de/10012869435
This paper considers the maximum likelihood estimation of a stochastic frontier production function with an interval … relatively moderate. We also provide an exact formula for evaluating the technical efficiency with interval outcome. We apply our …
Persistent link: https://www.econbiz.de/10012855080
is to compare the relative efficiency of hotel chains operating in Spain. To do this, we have designed a stochastic … frontier model to measure revenue efficiency as a function of various different inputs such as total staff or number of rooms … proportion of hotels in the chain with three stars or fewer, into the efficiency term of the stochastic frontier model. Our …
Persistent link: https://www.econbiz.de/10012033444
In presence of panel data, technical efficiency is used to compare the performances of Decision-Making Units (DMUs … algorithm is proposed for statistical inference on the Technical Efficiency (TE) measures. Results for Moroccan policy of the …
Persistent link: https://www.econbiz.de/10012816131
Modified Value-at-Risk (mVaR) and Modified Expected Shortfall (mES) are risk estimators that can be calculated without modelling the distribution of asset returns. These modified estimators use skewness and kurtosis corrections to normal distribution parametric VaR and ES formulas to reduce bias...
Persistent link: https://www.econbiz.de/10013011724
level is ignored, the estimation of marginal costs and the degree of economies of scale are incorrect. The measurement of …In this paper, a theoretical relationship is obtained to measure the effect that inefficiency has on marginal costs … productive capacity. In addition, the effect of technical change on costs could be erroneously estimated. The empirical …
Persistent link: https://www.econbiz.de/10012260171