Capacity and Technical Efficiency Estimation in Fisheries: Parametric and Non-Parametric Techniques

Author(s):  
Sean Pascoe ◽  
Diana Tingley
Author(s):  
Aikaterini Kokkinou

This paper investigates technical efficiency estimation in financial markets, using both parametric and non-parametric techniques: parametric Stochastic Frontier Analysis (SFA) approach or non-parametric Data Envelopment Analysis (DEA). This chapter focuses on reviewing the stochastic frontier analysis literature regarding estimating inefficiency in financial markets level, as well as explaining producer heterogeneity along with the relationships with productive efficiency level. This chapter investigates technical efficiency estimation in financial markets, using both parametric and non-parametric techniques: parametric Stochastic Frontier Analysis (SFA) approach or non-parametric Data Envelopment Analysis (DEA). More specifically, this chapter focuses on reviewing the stochastic frontier analysis literature regarding estimating inefficiency, its industrial level, as well as explaining producer heterogeneity along with the relationships with productive efficiency level.


Author(s):  
Sylwester Kozak

The article empirically examines how the size and legal status of an enterprise influence the technical and scale efficiency of Polish food producers. Technical and scale efficiency indices are measured using the non-parametric DEA method. The study is based on the annual financial reports of 52 sugar and confectionery producers operating in 2006-2016. The analysis covers all enterprises in the sector, as well as groups of larger and smaller enterprises (distinguished by the median of assets), as well as groups of capital companies and cooperatives. Research has shown that enterprises were characterized by relatively high technical efficiency and scale efficiency in the range, respectively, between 82 and 93% and between 93 and 98%. All enterprises operated more efficiently in more favorable macroeconomic conditions. The level of enterprises’ technical and scale efficiency depends on the value of their assets and the legal status. Larger enterprises were less technically effective than smaller ones, but they made greater use of the effect of scale. Capital companies were more effective than cooperatives, but to a lesser extent used economy of scale.


2005 ◽  
Vol 04 (03) ◽  
pp. 395-410 ◽  
Author(s):  
J. RICHMOND

Statistical properties of DEA methods for efficiency estimation are poorly understood and currently the best way forward must be to use bootstrap techniques. The article seeks to extend bootstrap methods to allow investigation of the properties of estimates of inefficiencies due to the slack in the use of resources as well as technical efficiency. In an empirical application, it is found that inefficiency due to slack is a small component of the overall inefficiency and that the DEA technical efficiency estimates have a small downward bias, with confidence intervals that are wide enough to suggest cautious interpretation.


2018 ◽  
Vol 11 (2) ◽  
pp. 188-201
Author(s):  
Teguh Santoso

This study aims to measure the technical efficiency of banks (BUKU I and BUKU II categories). The efficiency calculation in this study uses Non-Parametric method, Data Envelopment Analysis (DEA). This research uses an operational approach in performing input and ouput specifications. The inputs are interest expenses, labor expenses, and other expenses. The result of technical efficiency calculation shows that both banks in BUKU I and BUKU II have less efficient in technical efficiency value, either with the assumption of CRS or VRS. However, the value of technical efficiency indicates that BUKU II banks have greater technical efficiency value than the banks in BUKU I category.


2021 ◽  
Vol 9 (1) ◽  
pp. 7
Author(s):  
Mirpouya Mirmozaffari ◽  
Reza Yazdani ◽  
Elham Shadkam ◽  
Seyed Mohammad Khalili ◽  
Leyla Sadat Tavassoli ◽  
...  

The COVID-19 pandemic has had a significant impact on hospitals and healthcare systems around the world. The cost of business disruption combined with lingering COVID-19 costs has placed many public hospitals on a course to insolvency. To quickly return to financial stability, hospitals should implement efficiency measure. An average technical efficiency (ATE) model made up of data envelopment analysis (DEA) and stochastic frontier analysis (SFA) for assessing efficiency in public hospitals during and after the COVID-19 pandemic is offered. The DEA method is a non-parametric method that requires no information other than the input and output quantities. SFA is a parametric method that considers stochastic noise in data and allows statistical testing of hypotheses about production structure and degree of inefficiency. The rationale for using these two competing approaches is to balance each method’s strengths, weaknesses and introduce a novel integrated approach. To show the applicability and efficacy of the proposed hybrid VRS-CRS-SFA (VCS) model, a case study is presented.


2005 ◽  
Vol 5 (6) ◽  
pp. 251-261
Author(s):  
J. Sauer

As is the case of other infrastructure sectors the availability of efficiency estimation software based on statistical inference – freely distributed via the internet and relatively easy to use – recently inflated the number of corresponding applications in the water sector. The robustness of regulatory measures based on inferences from efficiency measures nevertheless crucially depends on theoretically well-founded estimates. This is illustrated by using an empirical example of an inconsistent technical efficiency frontier for water utilities in Germany.


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