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A non-parametric investigation of supply side factors and healthcare efficiency in the U.S
Springer Science and Business Media LLC - Tập 54 - Trang 59-74 - 2020
In this study, the supply-side factors affecting healthcare efficiency in the
U.S are studied using data between 2010 and 2017. The recently developed
non-parametric order-m estimator is used for the analysis. Results suggest that
the U.S. has output production that is 87.6-percent of the expected maximum
amount, with life expectancy being 3 years too short given healthcare spending
and education ...
An Analysis of Differences in Earnings Between Small and Large Commercial Banks
Springer Science and Business Media LLC - Tập 20 - Trang 97-114 - 2003
This paper introduces a simple, yet rich, measure of efficiency changes based on
the revenue-generating-ability (RGA) principle. Using this principle, we explain
the connections between efficiency changes and the variables, such as pretax
profits, interest expense, non-interest expense, profit margins, loan loss
provision, and asset quality. These connections are used to explain earnings
differenc...
Shadow profit maximization and a measure of overall inefficiency
Springer Science and Business Media LLC - Tập 27 - Trang 231-236 - 2007
Determining the profit maximizing input–output bundle of a firm requires data on
prices. This paper shows how endogenously determined shadow prices can be used
in place of actual prices to obtain the optimal input–output bundle where the
firm’s shadow profit is maximized. This approach amounts to an application of
the Weak Axiom of Profit Maximization (WAPM) formulated by Varian [(1984) The
Non-pa...
Explaining firms efficiency in the Ivorian manufacturing sector: a robust nonparametric approach
Springer Science and Business Media LLC - Tập 37 Số 2 - Trang 155-169 - 2012
On functional form representation of multi-output production technologies
Springer Science and Business Media LLC - Tập 33 - Trang 81-96 - 2009
The introduction of directional distance functions has given researchers an
alternative to Shephard distance functions. In this paper we conduct a Monte
Carlo study to investigate the performance of distance functions as an
approximation for models of technology. Our results indicate that quadratic
representations of technology have better approximation properties than translog
parameterizations.
Productivity efficiencies in Ukrainian polyclinics: lessons for health system transitions from differential responses to market changes
Springer Science and Business Media LLC - Tập 29 - Trang 103-111 - 2008
Ukraine’s recent elections revealed deep divisions between eastern regions,
which favored central economic planning, and western regions, which preferred
more free market reforms. This study compares polyclinics in Ukraine to see if
the inflexibility of Soviet-style planned economies results in lower economic
efficiency in eastern regions. Using data from two geopolitical regions, Data
Envelopment...
Public Infrastructure Investment and Efficiency in Italian Regions
Springer Science and Business Media LLC - - 2006
Capital use intensity and productivity biases
Springer Science and Business Media LLC - Tập 37 - Trang 59-71 - 2011
Measures of productivity growth are often pro-cyclical. This paper focuses on
measurement errors in capital inputs, associated with unobserved variations in
capital utilization rates, as an explanation for the existence of pro-cyclical
patterns in measures of productivity. Recently constructed national and
state-specific indexes of inputs, outputs, and productivity in U.S. agriculture
for 1949–200...
Boundary problems with the “Russell” graph measure of technical efficiency: a refinement
Springer Science and Business Media LLC - Tập 37 Số 3 - Trang 239-248 - 2012
In an influential paper, Färe and Lovell (J Econ Theory 19:150–162, 1978)
proposed an (input based) technical efficiency index designed to correct two
fundamental inadequacies of the Debreu-Farrell index: its failure to satisfy (1)
indication (the index is equal to 1 if and only if the input bundle is
technically efficient) and (2) weak monotonicity (an increase in any one input
quantity cannot in...
Facet analysis in data envelopment analysis: some pitfalls of the CRS models
Springer Science and Business Media LLC -
AbstractThe nonparametric estimator of the Extended Facet reference technology
for the Constant Returns to Scale case has attracted some attention, because the
associated production frontier by construction does only include strongly
efficient faces of maximal dimension, or strongly efficient faces that are part
of such strongly efficient faces of maximal dimension. The strongly efficient
faces of...
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