54,266 research outputs found

    Power of significance test of dummies in Simar-Wilson two-stage efficiency analysis model

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    In this note we investigate the power of significance test for dummy-variables in the context of Simar and Wilson (2003) two-stage efficiency analysis model

    Power of significance test of dummies in Simar-Wilson two-stage efficiency analysis model

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    In this note we investigate the power of significance test for dummy-variables in the context of Simar and Wilson (2003) two-stage efficiency analysis model

    Production Efficiency versus Ownership: The Case of China

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    In this study, we explore the pattern of efficiency among enterprises in China’s 29 provinces across different ownership types in heavy and light industries and across different regions (coastal, central and western). We do so by performing a bootstrap-based analysis of group efficiencies (weighted and non-weighted), estimating and comparing densities of efficiency distributions, and conducting a bootstrapped truncated regression analysis. We find evidence of interesting differences in efficiency levels among various ownership groups, especially for foreign and local ownership, which have different patterns for light and heavy industries.Efficiency; Data envelopment analysis; Bootstrapping; Ownership; China

    Managerial Effiency in German Top League Soccer

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    This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex post pecuniary revenues and sporting success. While in the case of athletic output we find a robust pattern of technical efficiency over subsequent seasons, the estimates based on economic output highlight the instability of the German soccer industry

    Production Efficiency versus Ownership: The Case of China

    Get PDF
    In this study, we explore the pattern of efficiency among enterprises in China‘s 29 provinces across different ownership types in heavy and light industries and across different regions (coastal, central and western). We do so by performing a bootstrap-based analysis of group efficiencies (weighted and non-weighted), estimating and comparing densities of efficiency distributions, and conducting a bootstrapped truncated regression analysis. We find evidence of interesting differences in efficiency levels among various ownership groups, especially for foreign and local ownership, which have different patterns for light and heavy industries.efficiency, data envelopment analysis, bootstrapping, ownership, China

    Integrating Industrial Organization and International Business to Explain the Cross-National Domestic Airline Merger Phenomenon

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    Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial Organization literature; yet, that literature neglected non-US merger activity and the potential for international competitive incentives. Using an International Business perspective to complement a primarily Industrial Organization analysis, I argue that factoring international competitive gains helps explain the domestic airline merger phenomenon. A Cournot model of airline competition illustrates the international incentives behind integrating domestic with international routes and behind acquiring domestic competitors. Further, comprehensive panel data tests also support large domestic networks and actual mergers improving the international competitiveness of airlines
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