1,235 research outputs found

    Efficiency decomposition for multi-level multi-components production technologies

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    This paper addresses the efficiency measurement of firms composed by multiple components, and assessed at different decision levels. In particular it develops models for three levels of decision/production: the subunit (production division/process), the DMU (firm) and the industry (system). For each level, inefficiency is measured using a directional distance function and the developed measures are contrasted with existing radial models. The paper also investigates how the efficiency scores computed at different levels are related to each other by proposing a decomposition into exhaustive and mutually exclusive components. The proposed method is illustrated using data on Portuguese hospitals. Since most of the topics addressed in this paper are related to more general network structures, avenues for future research are proposed and discussed.info:eu-repo/semantics/publishedVersio

    A network Data Envelopment Analysis to estimate nations’ efficiency in the fight against SARS-CoV-2

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    The ongoing outbreak of SARS-CoV-2 has been deeply impacting health systems worldwide. In this context, it is pivotal to measure the efficiency of different nations’ response to the pandemic, whose insights can be used by governments and health authorities worldwide to improve their national COVID-19 strategies. Hence, we propose a network Data Envelopment Analysis (DEA) to estimate the efficiencies of fifty-five countries in the current crisis, including the thirty-seven Organisation for Economic Co-operation and Development (OECD) member countries, six OECD prospective members, four OECD key partners, and eight other countries. The network DEA model is designed as a general series structure with five single-division stages – population, contagion, triage, hospitalisation, and intensive care unit admission –, and considers an output maximisation orientation, denoting a social perspective, and an input minimisation orientation, denoting a financial perspective. It includes inputs related to health costs, desirable and undesirable intermediate products related to the use of personal protective equipment and infected population, respectively, and desirable and undesirable outputs regarding COVID-19 recoveries and deaths, respectively. To the best of the authors’ knowledge, this is the first study proposing a cross-country efficiency measurement using a network DEA within the context of the COVID-19 crisis. The study concludes that Estonia, Iceland, Latvia, Luxembourg, the Netherlands, and New Zealand are the countries exhibiting higher mean system efficiencies. Their national COVID-19 strategies should be studied, adapted, and used by countries exhibiting worse performances. In addition, the observation of countries with large populations presenting worse mean efficiency scores is statistically significant.info:eu-repo/semantics/publishedVersio

    Designing A Mixed System of Network DEA for Evaluating the Efficiency of Branches of Commercial Banks in Iran

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    One of the most important applications of data envelopment analysis tech-nique is measuring the efficiency of bank branches. Performance measure-ment in the banking industry is important for several groups, including bank managers, customers, investors, and shareholders. The purpose of this study is to examine and design a mixed structure to measure the efficiency of branches of Iranian banks according to their policies. In order to obtain the efficiency of the structure divisions proposed in this study, a slack-based NDEA model was selected to solve its mathematical model. The study sam-ple consists of 31 branches of a large commercial bank in Iran. The ad-vantage of this research to previous studies is that the result will be more realistic considering the inputs and outputs consistent with Iran's banking conditions

    Driving effect of fiscal policy on regional innovation efficiency

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    This study uses a network data envelopment analysis (DEA) approach to measure phased innovation efficiency to explore how fiscal technology innovation policy drives the development of regional innovation. A game model is constructed that includes governments, enterprises, universities, and research institutes to explain the influence mechanism. The innovation process is decomposed into the transformation stage of scientific research results and their commercial application. A Tobit model is used to explain the effect of fiscal policy on innovation efficiency. These methods led to novel conclusions: (1) the growth rate of innovation efficiency in the first stage is greater with smaller regional differences, with larger regional differences in innovation efficiency in the second stage; (2) the intensity of fiscal R&D funding in science and technology has a significant positive effect on overall innovation efficiency and phased innovation efficiency; and (3) the positive effect of fiscal R&D funding is greater on the commercial application of scientific achievements. The targeting effect of fiscal innovation policy on industry–university research (IUR) cooperation needs to be improved through resource sharing, joint participation, sharing of achievements, and risk sharing

    Improving the Banks Shareholder Long Term Values by Using Data Envelopment Analysis Model

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    Given the rapid development of the banking sector, it is reasonable to expect that the performance of banks has become the centre of attention among bank managers, stakeholders, policy makers, and regulators. In order to maximizing the share-holders’ satisfactory level, two bank efficiency measurement approaches, i.e. the production approach and the user cost approach, which are financial evaluations, are employed. The evaluations are done by means of data envelopment analysis method. The proposed methodology is run on the 15 privet bank branches in Markazi province. By using this approach, four regions that show the various performances are obtained. In addition the status of returns to scale for each bank branch is calculated
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