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Statistical inference for the Russell measure of technical efficiency.

Authors :
Badunenko, Oleg
Mozharovskyi, Pavlo
Source :
Journal of the Operational Research Society; Mar2020, Vol. 71 Issue 3, p517-527, 11p
Publication Year :
2020

Abstract

Data envelopment analysis (DEA) has become a popular approach to nonparametric efficiency measurement. The statistical inference using bootstrap methods is readily available for the radial DEA estimator; however it is missing for the Russell measure, the nonradial DEA estimator. We propose a bootstrap based procedure for making statistical inference about the individual Russell measures of technical efficiency. We perform simulations to examine finite sample properties of the proposed estimator. Finally, we present an empirical study using proposed bootstrap procedure. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01605682
Volume :
71
Issue :
3
Database :
Complementary Index
Journal :
Journal of the Operational Research Society
Publication Type :
Academic Journal
Accession number :
141675932
Full Text :
https://doi.org/10.1080/01605682.2019.1599778