Facet analysis in data envelopment analysis: some pitfalls of the CRS modelsSpringer Science and Business Media LLC -
Ole Bent Olesen, Niels Christian Petersen
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...... hiện toàn bộ
Scale Economies and Efficiency in U.S. Agriculture: Are Traditional Farms History?Springer Science and Business Media LLC - Tập 22 - Trang 185-205 - 2004
Catherine Paul, Richard Nehring, David Banker, Agapi Somwaru
The structural transformation of agriculture in recent decades has raised serious concerns about the future of the family farm. This study examines the economic performance of U.S. farms, to explore the potential of smaller farms to compete with larger entities, and ultimately to survive in this rapidly changing environment. We use deterministic and stochastic frontier methods and survey data to m...... hiện toàn bộ
Money and production: A stochastic frontier approachSpringer Science and Business Media LLC - Tập 6 - Trang 333-342 - 1995
Charles D. Delorme, Herbert G. Thompson, Ronald S. Warren
Considerable controversy surrounds the role of money in the production of goods and services. Previous empirical research has appeared to find that the real money stock affects aggregate output, holding other, more conventional inputs constant. However, the theoretical literature offers no convincing explanation for this empirical finding. One interpretation is that real money balances reduce the ...... hiện toàn bộ
Is competition really bad news for cooperatives? Some empirical evidence for Italian producers’ cooperativesSpringer Science and Business Media LLC - Tập 29 - Trang 221-233 - 2008
Ornella Wanda Maietta, Vania Sena
In this paper, we analyse the nature of the relationship between market power and technical efficiency for producers’ cooperatives. More specifically we test two hypotheses: first, we evaluate the extent to which increasing market pressure may help producers’ cooperatives to improve technical efficiency to guarantee positive profits; second, we test whether higher technical efficiency induces prod...... hiện toàn bộ
Count data stochastic frontier models, with an application to the patents–R&D relationshipSpringer Science and Business Media LLC - Tập 39 - Trang 271-284 - 2012
Eduardo Fé, Richard Hofler
This article introduces a new count data stochastic frontier model that researchers can use in order to study efficiency in production when the output variable is a count (so that its conditional distribution is discrete). We discuss parametric and nonparametric estimation of the model, and a Monte Carlo study is presented in order to evaluate the merits and applicability of the new model in small...... hiện toàn bộ
Economies of scale and scope in French commercial banking industrySpringer Science and Business Media LLC - - 2013
Michel Dietsch
This paper presents estimations of economies of scale and scope in the French banking industry. Using a translog model of bank costs, the paper demonstrates the existence of economies of scale for French banks, particularly in what concerns operating costs. Economies of scale are observed in all classes of bank size. Results also suggest that cost subadditivity exists in the French banking industr...... hiện toàn bộ
Productivity and computers in Canadian bankingSpringer Science and Business Media LLC - Tập 4 - Trang 95-113 - 2013
Darrell Parsons, Calvin C. Gotlieb, Michael Denny
Canadian banks have invested millions in computer systems in the last two decades. Yet the banks and outside observers have been uncertain that these investments have had net benefits. In this paper, unique data collected directly from a bank is used to investigate the impact of these investments on bank output, input and productivity. Using data from 1974–1987, a translog cost model is estimated....... hiện toàn bộ