Literature on Cultural Economics gives us some examples about how to measure technical efficiency. But, to the best of our knowledge, there is a lack in the case of allocative efficiency analysis. The aim of this paper is to fill this gap incorporating to Cultural Economics a methodology that analyzes both technical and allocative efficiency. Concretely, we use a Shepard’s distance function whi...

Data Envelopment Analysis (DEA) is an eciency measurement tool for evaluation of similar Decision Making Units (DMUs). In DEA, weights are assigned to inputs and outputs and the absolute eciency score is obtained by the ratio of weighted sum of outputs to weighted sum of inputs. In traditional DEA models, this measure is also equivalent with relative eciency score which evaluates DMUs in compar...

This paper develops a tractable theoretical framework for analyzing the substitutability between different advertising media, the extent of marketing spillovers in the market, the allocative efficiency of advertising spending, and the sources of total advertising productivity and sales growth. Maintaining the separability assumption between sales and production technology, the proposed methodol...

In this study, I use panel data from municipal Japanese National Health Insurance (JNHI) insurers to estimate their financial efficiency scores using nonparametric methods and to estimate the causal effects of structural and regional characteristics on the efficiency scores consistently using econometric methods. The major findings of this study are as follows. First, the estimated efficiency s...

One of the issues in Data Envelopment Analysis (DEA) is sensitivity and stability region of the speci c decision making unit (DMU), included ecient and inecient DMUs. In sensitivity analysis of ecient DMUs,the largest region should be found namely stability region thatdata variations are only for ecient DMU under evaluation and the data for the remainingDMUs are assumed xed. Also ecient DMU u...

We present the theoretical foundation for an adjustment cost technology that supports the intertemporal production decision making behavior using the directional distance function. Dynamic input efficiency measures are developed that can separate out the impact of variable and dynamic factors inefficiency levels. An approach to implement this theory in a nonparametric fashion is developed and a...

Many developed countries face a growing need for long-term care provision because of population ageing. Japan is one such example, given its population's longevity and low birth rate. In this study, we examine the efficiency of Japan's regional long-term care system in FY2010 by performing a data envelopment analysis, a non-parametric frontier approach, on prefectural data and separating cost e...

Super eciency data envelopment analysis(DEA) model can be used in ranking the performanceof ecient decision making units(DMUs). In DEA, non-extreme ecient unitshave a super eciency score one and the existing super eciency DEA models do notprovide a complete ranking about these units. In this paper, we will propose a methodfor ranking the performance of the extreme and non-extreme ecient units.

Efficiency analysis of electricity distribution networks is often limited to technical or cost efficiency measures. However, some important non-tradable aspects of their service such as quality of service and network energy losses are generally not part of the analysis. A regulatory concern is that technical efficiency can be achieved at the expense of these measures as well as allocative effic...