APPLICATION OF L-MOMENTS IN HOMOGENEITY EXAMINATION FOR GROUPS OF PRODUCTION COMPANIES DISTINGUISHED BY DEA

• Authors: Karwański Marek , Grzybowska Urszula
• Languages of publication: EN

Abstracts

EN

In financial analysis rating systems can be applied to divide firms into homogeneous groups. One of these methods is provided by DEA. The method is based on the efficiency optimization for firms described by the set of financial indicators. An important issue is not only estimation of efficiency but also homogeneity of given groups. Within the Hosking-Wallis test one compares variability calculated with respect to L-moments with expected variability for homogeneous groups.The aim of our research was to apply the Hosking-Wallis test to investigate the homogeneity of DEA groups of companies. In the paper we present the results of our research for a set of Polish production companies listed on Warsaw Stock Exchange.

Keywords

EN

DEA; clusters; homogeneity; Hosking-Wallis test

• Publisher: Katedra Ekonometrii i Statystyki, Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
• Journal: Metody Ilościowe w Badaniach Ekonomicznych
• Year: 2017
• Volume: 18
• Issue: 3
• Pages: 463-471

Contributors

author

Karwański Marek

• Faculty of Applied Informatics and Mathematics, Warsaw University of Life Sciences – SGGW, Poland

author

Grzybowska Urszula

• Faculty of Applied Informatics and Mathematics, Warsaw University of Life Sciences – SGGW, Poland

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