This paper presents aggregated cost efficiency scores for a balanced panel of British and Irish credit institutions and relates these scores to loan loss reserves as a first step in investigating their usefulness as possible indicators of financial fragility. The efficiency scores are obtained using the two most popular methods of efficiency measurement – data envelopment analysis (DEA) and the...

There is a growing interest in the cross-country comparisons of the performance of national health care systems. The present work provides a comparison of the technical efficiency of the hospital sector using unbalanced panel data from OECD countries over the period 2000-2009. The estimation of the technical efficiency of the hospital sector is performed using nonparametric data envelopment ana...

In this article we develop a nonparametric Bayesian approach to prediction for the M/G/1 queue, focusing on the imbedded semiMarkov process of the queue at the departure times. Our approach is motivated by queues with a large number of data points and highfrequency systems, where times consuming MCMC/ABC algorithms might be infeasible and a nonparametric approach is desirable to avoid parametri...

The study was carried out to provide empirical evidence on technical efficiency of maize production in Nigeria using parametric and non-parametric approaches. The study employed annual secondary data on maize production in Nigeria from 1971 to 2010.Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA) were used to estimate the technical efficiency of maize production. The resul...

In the nonparametric framework of Data Envelopment Analysis the statistical properties of its estimators have been investigated and only asymptotic results are available. For DEA estimators results of practical use have been proved only for the case of one input and one output. However, in the real world problems the production process is usually well described by many variables. In this paper ...