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| Saito, Yoshie; McIntosh, Christopher S.. |
| The efficiency of public education is examined using a cost indirect output distance function. Efficiency estimates are obtained using data envelopment analysis applied to data from Georgia public schools. Georgia school districts utilize educational budgets with reasonable efficiency, achieving an overall efficiency of 98% with a range of 93%-100%. If all school districts were 100% efficient, outputs could be expanded 2%. This could be achieved by increasing funding $75.46 million state-wide in total for each of the 3 years. From the consumers’ (voters) point of view, this result suggests that inefficiency costs Georgia, on average, a total of $226.38 million from 1994 to 1996. |
| Tipo: Journal Article |
Palavras-chave: Cost-indirect output distance function; Data envelopment analysis; Education; Efficiency; H72; I21; I28; C60. |
| Ano: 2003 |
URL: http://purl.umn.edu/43197 |
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| Beaton, Aaron J.; Dhuyvetter, Kevin C.; Kastens, Terry L.; Williams, Jeffery R.. |
| With increasingly thin margins and new technologies, it is important that farm managers know their cost of field operations on a per unit basis (e.g., acre, ton, bale). Accurate per unit costs give confidence when constructing enterprise budgets and evaluating new technologies, such as no-till. Custom rates are often used as a proxy for per unit costs; however, this research, using entropy and jackknife estimation procedures, found that custom rates understate total ownership and operating costs by approximately 25% for an average Kansas farm. Estimates from these models are then used to benchmark actual costs against expected cost. |
| Tipo: Journal Article |
Palavras-chave: Benchmark; Custom rates; Custom work; Entropy; Jackknife; Machinery costs; Production Economics; Productivity Analysis; Q10; Q12; C51; C60. |
| Ano: 2005 |
URL: http://purl.umn.edu/43720 |
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