In finance, portfolio performance assessment is an important area of research. The two popular indices of performance are the Jensen's alpha and the Sharpe index. However there are a number of shortcomings of the above measures that have been highlighted in the literature. We propose a new measure o
Technical efficiency of Norwegian banks: The non-parametric approach to efficiency measurement
✍ Scribed by Sigbjørn Atle Berg; Finn R. Førsund; Eilev S. Jansen
- Publisher
- Springer
- Year
- 1991
- Tongue
- English
- Weight
- 791 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0895-562X
No coin nor oath required. For personal study only.
✦ Synopsis
The nonparametric frontier methodology is applied to a sample of banks, where output levels are measured either by the number of accounts and their average size, or by the total balances of the accounts. The efficiency rankings of individual banks are found to depend substantially on our choice of output metric, whereas the estimated size of potential productivity improvements in the banking sector are less affected. The results on economies of scale are also largely unchanged.
📜 SIMILAR VOLUMES
The purpose of this paper is to estimate the efficiencies of, and to discuss the managerial implications for 12 international airports in the Asia-Pacific region based on data from the period 1998-2006. We applied data envelopment analysis (DEA) and stochastic frontier analysis (SFA) to compute effi
The purpose of this paper is to derive the efficiency measures and the rate of technological change for a sample of large U.S. commercial banks by employing a nonparametric technique. This technique is used to construct a multiproduct production frontier relative to which the efficiency measures ,of
## Abstract The World Health Report 2000 focuses on the performance of health‐care systems around the globe. The report uses efficiency measurement techniques to create a league table of health‐care systems, highlighting good and bad performers. Efficiency is measured using panel data methods. This