The objective of this study is to rigorously examine the effects of RFID on suppliers’ profitability while adjusting for endogeneity bias arising from the decision process for RFID adoption. To this end, we use a Heckman two-stage estimation method, which allows us to control for endogeneity between a firm’s organizational characteristics and its decision for RFID adoption. We find that supplie...

The efficiencies of firms should be evaluated, based on their historical financial data. Here a process for evaluation is proposed. Each historical data set is reduced to a distribution function with a mean and a variance estimated by Kalman filter. Then, a stochastic efficiency model is applied to this reduced data. Then a new efficiency measure is proposed and compared with existing measures....

This study examined the impact of the financial crisis on the environmental and technical efficiencies of the Japanese manufacturing industry. Overall, we found that while the crisis had a negative impact on technical efficiency it did not affect environmental efficiencythe only exception was the transportation equipment sector which improved its environmental efficiency following the crisis. A...

This research analyses the efficiency of China’s banks using the data envelopment analysis (DEA). The Chinese government began its reforms of the banking industry reform since 1978. Our data set contains twelve banks in China during the period of 1996 to 2003. All nominal variables are transformed into real variables in the 2003 prices. There are twelve banks including four state-owned speciali...

Over the past several years, substantial research effort has gone into measuring the efficiency of financial institutions. Many studimhave found that inefficiencies are quite huge, on the order of 20% or more of total banking industry cosu and about hal.fof the indmtry's potential profi~. There is no consensus on the sources of the differences in measured efficiency. This paper examines several...

practical medication safety solutions to hospitals throughout Canada, Cardinal Health brought together nationally recognized healthcare financial thought leaders to focus on the use of innovative technology to improve patient safety in Canadian acute care hospitals. The consensus of the financial healthcare thought leaders was that improving patient safety is most importantly “the right thing t...

The cattle market has set year-over-year record high prices since 2009. The increasing value of cattle has substantially increased the financial risk of feeding cattle, and has commensurately increased the economic losses from disease. As cattle feeding profitability continues to be challenged by the low margin between selling prices and operating costs, all facets of cattle feeding are being e...

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...

This article analyzes the financial structures of the prevailing public and private health insurance mechanisms. Based on this analysis, it was concluded that the financial structures of health insurance mechanisms are deficient in that they neither produce efficiency in the consumption of health services, nor generate efficiency in the production of health services. On the other hand, closed-e...