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1

A Panel Data Approach to the Measurement of Health Technical Efficiency of Sub-Saharan Africa

100%
Torkian E.
Zagreb International Review of Economics and Business
|
2015
|
vol. 18
|
issue 1
1-15
EN
This study investigates technical efficiency of health production function in Sub-Saharan Africa. For this purpose, a stochastic production frontier model is estimated using fixed-effects panel data method over the period of 2000-2007. More specifically the impact of economic, social, and environmental factors in determining life expectancy at birth, as the dependent variable, is measured and evaluated. Overall, the results justify the important role of policymakers, who their proactive approaches should be given to activities that go beyond the health system to influence the main determinants of health i.e. socioeconomic and environmental factors in preventing infectious diseases, improving life expectancy and aid populations to access available resources.
2

Technical efficiency of FDI firms in the Vietnamese manufacturing sector

100%
Vu H. D.
Review of Economic Perspectives
|
2016
|
vol. 16
|
issue 3
205-230
EN
The study examines technical efficiency of Foreign Direct Investment (FDI) firms in the Vietnamese manufacturing sector by applying stochastic production frontier model and making use of cross-sectional data in the period 2009-2013. The average level of technical efficiency of FDI firms is about 60% and it is higher than that of domestic firms (including private firms and state-owned firms). In addition, the study also analyses correlation between technical efficiency of FDI firms and other factors. It finds that there are positive correlations between FDI technical efficiency and net revenue per labour, firm’s age or export activities in 2013. However, the study is unable to find evidence of a relationship between FDI technical efficiency and infrastructure or firm’s investment activities.
3

Technical Efficiency in the Small Scale Industrial Sectors of Punjab and Haryana - A Comparative Analysis

88%
Kumar S., Singh P.
South East European Journal of Economics and Business
|
2011
|
vol. 6
|
issue 2
111-125
EN
The present study deals with the inter-temporal variations of technical efficiency in the small scale industrial sector of Punjab and Haryana and compares the performance of both states with the small scale industrial sector of India. Data spanning over the period 1972-73 to 2006-07 has been utilized to estimate technical efficiency with the help of data envelopment analysis (DEA) based upon efficiency scores. The empirical analysis confirms that there exists 0.176 percent and 0.470 percent technical inefficiency in the small scale industrial sectors of Punjab and Haryana, respectively. However, at the aggregated All-India level, the technical inefficiency score is 0.449. Thus, the small scale industrial sector of Punjab is comparatively more efficient than that of Haryana and All-India. Moreover, the reform process has adversely affected both the managerial and scale efficiencies of Haryana, whereas an improvement in managerial efficiency has been observed in the small scale industrial sectors of Punjab and All-India. The empirical analysis showed that in the post-reform period both at the All-India level and in Haryana technical inefficiency scores are increasing, whereas in Punjab it is decreasing. Thus, it can be inferred that scale efficiency is an important determinant of technical efficiency in explaining the performance of the small scale industrial sectors of Punjab and Haryana.
4

Evaluation of Technical Efficiency of Insurance Companies in the Visegrad Group Countries

75%
Přečková L., Palečková I.
Ekonomista
|
2020
|
issue 6
862-880
PL
Celem artykułu jest oszacowanie i ocena efektywności technicznej firm ubezpieczeniowych w krajach Grupy Wyszehradzkiej w okresie 2009-2016. Ocena ta została dokonana na podstawie analizy przeprowadzonej metodą DEA. Sektor ubezpieczeniowy w tych krajach podlegał znacznym zmianom w badanym okresie. Wyniki analizy wskazują, że okresie tym średnia efektywność firm ubezpieczeniowych wynosiła około 65-80%. Istniały jednak pod tym względem znaczne różnice pomiędzy poszczególnymi firmami ubezpieczeniowymi i poszczególnymi krajami. Najwyższą efektywność wykazywał sektor ubezpieczeniowy na Węgrzech i w Polsce, a najniższą w Słowacji. Ogólnie biorąc, w badanym okresie występowała prawie stabilna tendencja wzrostu efektywności, ze spadkiem odnotowanym w latach 2012 i 2014. Przyczyną tego spadku był spadek liczby ubezpieczonych jednostek, spadek dochodów netto i wysoki poziom kosztów.
EN
The aim of the paper is to estimate the technical efficiency of insurance providers in the Visegrad Group countries in the period 2009-2016 using data envelopment analysis (DEA). The insurance sector in these countries underwent significant changes in the analysed period. during the last two decades. According to the results of the analysis, the average efficiency of insurance companies was approximately 65-80% in the period under study. There were, however, considerable differences among individual insurance companies as well as among the national insurance sectors. The most efficient insurance sectors were those of Hungary and Poland, and the least efficient that of Slovakia. The overall development of efficiency was almost stable, and efficiency decreased in 2012 and 2014. The reason for the inefficiency fall was the decrease in number of premiums written and net income and the high level of costs.
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