Is Cost-Cutting Evidence of X-Inefficiency?
نویسندگان
چکیده
منابع مشابه
Does Higher Cost Inefficiency Imply Higher Profit Inefficiency? - Evidence on Inefficiency and Ownership of German Hospitals
This paper investigates cost and profit efficiency of German hospitals. More specifically, it deals with the question how hospital efficiency varies with ownership, patient structure, and other exogenous factors, which are neither inputs nor outputs of the production process. We conduct a Stochastic Frontier Analysis (SFA) on a multifaceted administrative German dataset combined with the balanc...
متن کاملThe cost of trauma operating theatre inefficiency
The National Health Service (NHS) is currently facing a financial crisis with a projected deficit of £2billion by the end of financial year 2015/16. As operating rooms (OR) are one of the costliest components in secondary care, improving theatre efficiency should be at the forefront of efforts to improve health service efficiency. The objectives of this study were to characterize the causes of ...
متن کاملRuhr Economic Papers #132 Ruhr Economic Papers #132 Does Higher Cost Inefficiency Imply Higher Profit Inefficiency? – Evidence on Inefficiency and Ownership of German Hospitals
This paper investigates cost and profit efficiency of German hospitals. More specifically, it deals with the question how hospital efficiency varies with ownership, patient structure, and other exogenous factors, which are neither inputs nor outputs of the production process. We conduct a Stochastic Frontier Analysis (SFA) on a multifaceted administrative German dataset combined with the balanc...
متن کاملAsymptotic Cost of Cutting Down Random Free Trees
In this work, we calculate the limit distribution of the total cost incurred by splitting a tree selected at random from the set of all finite free trees. This total cost is considered to be an additive functional induced by a toll equal to the square of the size of tree. The main tools used are the recent results connecting the asymptotics of generating functions with the asymptotics of...
متن کاملRational Cost Inefficiency in Chinese Banks
According to a frequently cited finding by Berger et al (1993), X-inefficiency contributes 20% to cost-inefficiency in western banks. Empirical studies of Chinese banks tend to place cost-inefficiency in the region of 50%. Such estimates would suggest that Chinese banks suffer from gross cost inefficiency. Using a nonparametric bootstrapping method, this study decomposes cost-inefficiency in Ch...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Review
سال: 2000
ISSN: 0002-8282
DOI: 10.1257/aer.90.2.224