Results 211 to 220 of about 16,584 (261)

Accounting for factors affecting cost and technical inefficiency

Case Studies on Transport Policy, 2020
Abstract This paper addresses heterogeneity in the deterministic portion of a cost frontier and in the parameterisation of technical inefficiency using an unbalanced panel of bus transit systems. It conceptualises six groups of variables which affect heterogeneity in cost and technical inefficiency: organisational size, ownership, service delivery ...
Kofi Obeng
exaly   +2 more sources

Supply response in Ethiopia: accounting for technical inefficiency

Agricultural Economics (United Kingdom), 2006
AbstractFew empirical studies of supply response using the profit function have accounted for technical inefficiency. Using farm‐level panel data from Ethiopia, this study examines the effect of incorporating technical inefficiency in estimating the supply response of peasant farmers.
Suleiman Abrar, Oliver Morrissey
exaly   +2 more sources

Environmental regulation and U.S. states' technical inefficiency

Economics Letters, 2008
Abstract Using data on 48 states from 1982–1994, we estimate the impact of environmental regulation on technical inefficiency of U.S. states' manufacturing sector. The result indicates that environmental stringency has significant and positive impacts on U.S. states' technical inefficiency.
Pandej Chintrakarn
exaly   +2 more sources

Estimation of costs of technical and allocative inefficiency

Journal of Productivity Analysis, 2021
If a firm is both technically and allocatively inefficient its cost will increase. Since allocative inefficiency results from misallocation of inputs, cost of allocative inefficiency (CAI) can be obtained if the input over(under) use can be analytically derived.
Subal C. Kumbhakar, Mike G. Tsionas
openaire   +1 more source

Technical Inefficiency in Manufacturing Industries

The Economic Journal, 1991
This article examines technical inefficiency of manufacturing industry in the United Kingdom, based on data for 19,023 establishments in 151 industries. These data, drawn from the Annual Census of Production for 1977, have been used to estimate technical inefficiency in each industry by fitting translog stochastic frontier production functions and ...
Green, Alison, Mayes, David
openaire   +1 more source

Technical Inefficiency, Allocative Inefficiency, and Audit Pricing

Journal of Accounting, Auditing & Finance, 2017
The critical global role of audit firms, combined with the scarcity of qualified staff and downward pressure on fees, has increased the importance of understanding efficiency in this industry. This article examines the technical and allocative inefficiencies of audit firm staffing using data from 165 audit engagements performed by a Big 4 international
Hsihui Chang, Yi-Ching Kao, Raj Mashruwala, Susan M. Sorensen   +3 more
openaire   +1 more source

Hospital Ownership and Technical Inefficiency

Management Science, 1996
The theoretical industrial organization literature cites varying factors which might influence the degree of technical efficiency achieved under different ownership structures in the US hospital industry. Unfortunately, this literature offers no consensus regarding the net direction and magnitude of these various effects.
James F. Burgess, Jr., Paul W. Wilson
openaire   +1 more source

Firm exit and technical inefficiency

Empirical Economics, 2006
The purpose of the paper is to examine formally the fundamental implication that technical inefficiency (TI) is related to firm exit. Traditional stochastic frontier models allow for the measurement of TI but do not allow for a direct effect of TI on exit. We propose a model which allows for such effects and consists of a stochastic frontier model, and
Efthymios G. Tsionas, Theodore A. Papadogonas   +1 more
openaire   +1 more source

A post-truncation parameterization of truncated normal technical inefficiency [PDF]

Journal of Productivity Analysis, 2014
In this paper we consider a stochastic frontier model in which the distribution of technical inefficiency is truncated normal. In standard notation, technical inefficiency u is distributed as N +(μ, σ 2). This distribution is affected by some environmental variables z that may or may not affect the level ...
Christine Amsler, Peter Schmidt, Wen-Jen Tsay   +2 more
openaire   +1 more source

Parametric Estimation of Technical and Allocative Inefficiency with Panel Data

International Economic Review, 1994
The error-components approach to estimating allocative inefficiency imposes restrictive assumptions on the distributions of the errors and functional form. The parametric approach does not require special assumptions about the error distribution or technology but typically assumes technical efficiency or restrictive functional forms.
Atkinson, Scott E, Cornwell, Christopher
openaire   +1 more source