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Article
Open AccessPerformance analysis of hospitals in Australia and its peers: a systematic and critical review
Along with the development of productivity and efficiency analysis techniques, extensive research on the performance of hospitals has been conducted in the last few decades. In this article, we conduct a syste...
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Article
Open AccessGeneralized theory for measuring efficiency of individuals and groups
We present a cohesive generalized framework for an aggregation of the Nerlovian profit indicators and of the directional distance functions, frequently used in productivity and efficiency analysis in operation...
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Article
Open AccessProductivity analysis: roots, foundations, trends and perspectives
The goal of this article is to give a brief overview of productivity analysis, starting with general concepts, its importance and a brief historical excursion and then focusing on various productivity indexes....
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Article
Open AccessOn the problem of the purchasing power of money by A. A. Konüs and S. S. Byushgens: translation and commentary
In 1939, Econometrica published an English translation of Konüs (1924). Since then, Konüs (1924 [1939]) has become a classic work on the theory of the cost of living index, inspiring many other studies in the fie...
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Article
A generalized flexible functional form for α-returns to scale
This study proposes a new flexible functional form for distance functions. This generalizes the existing functional form of Diewert (1992b) by allowing for α-returns to scale technology and employing the quadrati...
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Article
Aggregation in efficiency and productivity analysis: a brief review with new insights and justifications for constant returns to scale
The main goal of this paper is to clarify a few important aspects about the aggregation issues in efficiency and productivity analysis. By doing so we also sketch a brief historical map on how the area of aggr...
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Article
Further improvements of finite sample approximation of central limit theorems for envelopment estimators
A simple yet easy to implement method is proposed to further improve the finite sample approximation of the recently developed central limit theorems for aggregates of envelopment estimators. Focusing on the s...
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Article
Is newer always better? A reinvestigation of productivity dynamics using updated PWT data
Understanding the drivers of productivity remains one of the most sought after phenomena in economics. The ability to create produce more from less resources is undoubtedly appealing. Using recently updated Pe...
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Chapter
Efficiency Analysis with Stochastic Frontier Models Using Popular Statistical Softwares
This chapter provides a brief introduction to the stochastic frontier paradigm—one of the most powerful techniques for performance analysis developed over the last few decades to address various research quest...
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Reference Work Entry In depth
Aggregation of Efficiency and Productivity: From Firm to Sector and Higher Levels
Here we consider various cases where researchers are interested in measuring aggregate efficiency or productivity levels or their changes for a group of decision making units. These could be entire industry compo...
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Reference Work Entry In depth
Stochastic Frontier Analysis: Foundations and Advances I
This chapter (as well as Chap. 11) reviews some of the most important developments in the econometric estimation of productivity and efficiency surrounding the stochastic frontier model.
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Reference Work Entry In depth
Stochastic Frontier Analysis: Foundations and Advances II
This chapter continues to review some of the most important developments in the econometric estimation of productivity and efficiency surrounding the stochastic frontier model. As in the previous chapter, we c...
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Article
Quadratic-mean-of-order-r indexes of output, input and productivity
This paper deals with the quadratic-mean-of-order-r indexes of output, input and productivity. Each index is a family of indexes that unify many of the existing indexes, including the most popular ones. We show t...
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Article
Open AccessPredicting recessions with a frontier measure of output gap: an application to Italian economy
Despite the long and great history, developed institutions, and high level of physical and human capital, the Italian economy has been fairly stagnant during the last three decades. In this paper, we merge two...
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Article
Aggregate efficiency of industry and its groups: the case of Queensland public hospitals
In this paper, we explore the efficiency of different groups of hospitals in Queensland, Australia, focusing on teaching and non-teaching hospitals, by adapting the most recent developments on statistical anal...
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Article
Sequential data envelopment analysis
We consider a new class of Data Envelopment Analysis (DEA) modeling, which we call ‘sequential DEA’. This new approach is a relatively simple generalization of the standard and popular in practice DEA. It allo...
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Article
On aggregation of multi-factor productivity indexes
The goal of this paper is to investigate the question of the importance of aggregation of the Paasche and Laspeyres versions of the Malmquist quantity and productivity indexes from both theoretical and empiric...
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Chapter
Aggregation of Outputs and Inputs for DEA Analysis of Hospital Efficiency: Economics, Operations Research and Data Science Perspectives
Data envelopment analysis (DEA) has been widely recognised as a powerful tool for performance analysis over the last four decades. The application of DEA in empirical works, however, has become more challengin...
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Chapter
Robust Efficiency Analysis of Public Hospitals in Queensland, Australia
In this study, we utilize various approaches for efficiency analysis to explore the state of efficiency of public hospitals in Queensland, Australia, in the year 2016/17. Besides the traditional nonparametric ...
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Living Reference Work Entry In depth
Stochastic Frontier Analysis: Foundations and Advances I
This chapter (as well as Chap. 11) reviews some of the most important developments in the econometric estimation of productivity and efficiency surrounding the stochastic frontier model.