The stock market is considered essential for economic growth and expected to contribute to improved productivity. An efficient pricing mechanism of the stock market can be a driving force for channeling savings into profitable investments and thus facilitating optimal allocation of capital. This study investigated the technical efficiency of selected groups of companies of Bangladesh Stock Mark...

As a measure of overall technical inefficiency the Directional Distance Function (DDF) introduced by Chambers, Chung, and Färe ties the potential output expansion and input contraction together through a single parameter. By duality, the DDF is related to a measure of profit inefficiency, which is calculated as the normalized deviation between optimal and actual profit at market prices. As we s...

This study uses CRR model and BCC model to estimate the technical and scale efficiency of commercial banks in India during the periods 2006-2010. The results indicate that deregulation of banking sector has led to an increase in the efficiency of commercial banks in India. This increase in efficiency of banks in India is not only because of increase in pure technical efficiency but also due to ...

This article develops the decomposition of the dynamic Luenberger productivity growth indicator into dynamic technical change, dynamic technical inefficiency change and dynamic scale inefficiency change in the dynamic directional distance function context using Data Envelopment Analysis. These results are used to investigate for the Spanish food processing industry the extent to which dynamic p...

The main objective of the study was to identify and analyze the inefficiency and yield gaps of wheat production in Bangladesh. The study employed farm level cross sectional data from three major wheat growing areas of Bangladesh. Yield of wheat was found to vary across locations and farm categories. The average technical inefficiency of wheat production in Bangladesh is 16. This indicates a goo...

This study deepens the measurement of technical inefficiency in private maize farming in Georgia, applying iocelly parametric (LP) r eg ression method, whicb builds on the stochastic frantier production function appraach. Detailed survey data for 221 mixed farms for 1997 are used in the estimations. Findings suggest: (i) maize production can be further increased by breaking up large farms into ...

This study measures levels of technical, allocative and economic efficiency in agricultural crop production for Brazil in 1995. A nonparametric frontier model (DEA) under constant returns to scale was used. On average, the results suggest that the sector suffers from moderate technical inefficiency and from strong allocative inefficiency. If full technical efficiency were achieved, the crop pro...

The technical efficiency dividend reaped by Australian manufacturing industries following the implementation of microeconomic reforms over the past three decades is analysed empirically in this paper. The technical efficiency scores have been estimated for manufacturing industries using a combined stochastic production-frontier inefficiency model that is free of simultaneity bias. The model par...

This research aims to analyze the level of technical efficiency, inefficiency factors, and economic efficiency corn farming members nonmembers farmer groups. was conducted in Gedung Wani Negeri Katon Villages Marga Tiga District, East Lampung. Respondent farmers were determined intentionally with a simple random sampling. use survey method data collected February-March 2019. Technical analyzed ...