Browsing by Author "Haag, Stephen E"

Now showing 1 - 5 of 5
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    A Current Survey of the Development and Application of Data Envelopment Analysis and a Comparison to Stochastic Approaches
    (Bureau of Business and Economic Research, 1993-05) Haag, Stephen E; Raab, Raymond L
    Data Envelopment Analysis has been used widely for determining relative technical efficiencies in operations research and management science areas. Its acceptance and subsequent application by economists has, for the most part, been foregone in favor of stochastic techniques that estimate production and cost functions. In this paper, we explain and example the use of Data Envelopment Analysis and explore its conceptual and practical differences with regressions methodologies.
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    Data Envelopment Analysis As a Test of Economic Consequences of a Regulation: The Case of OSHA Cotton Dust Regulation
    (Bureau of Business and Economic Research, 1994-06) Feroz, Ehsan H; Haag, Stephen E; Raab, Raymond L
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    Economic Consequences of OSHA Cotton Dust Regulation: An Income Efficiency Model Approach
    (Bureau of Business and Economic Research, 1995) Feroz, Ehsan H; Haag, Stephen E; Raab, Raymond L
    This paper used Data Envelopment Analysis (DEA) to test the economic consequences of the Occupational Health and Safety Administration (OSHA) cotton dust standards by comparing the relative efficiency of firms affected by cotton dust in SIC 2200 and 2300 for the years before and after the Supreme Court upheld the regulation in 1981. Accounting-based inputs of common equity, total assets and production costs were minimized, while total revenue was maximized. Using available Compustat firms, and controlling for the effects of imports for consumption providing for asymmetric cost disadvantages to United States firms, we found that the surviving firms had become more efficient during the postregulatory period as predicted. Apparently, these firms were able to accommodate the dust standard, reduce costs and improve the operating efficiency of tnese firms simultaneously. The results also indicate the usefulness of DEA as an alternative method of testing the economic consequences of a regulation.
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    Efficiency of 25 National Universities: An Application of Data Envelopment Analysis to Higher Education
    (Bureau of Business and Economic Research, 1992-10) Breu, Theodore M; Haag, Stephen E; Raab, Raymond L
    Data envelopment analysis (DEA) is used to measure the relative efficiency of 25 national universities. The results indicate how DEA may be used to measure relative efficiency of these higher education institutions from commonly available "performance indicators." In addition to conventional comparative-static sensitivity analysis of inefficient universities, the effects of simultaneous perturbations to all components are examined. The sensitivity of efficient universities to perturbations which would cause the universities to become relatively inefficient is also analyzed. This methodology makes full use of the newest developments in the DEA field.
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    Predicting Credit Union Failures: A Data Envelopment Analysis of Rhode Island Institutions
    (Bureau of Business and Economic Research, 1994-06) Haag, Stephen E; Li, H.D; Raab, Raymond L; Simeone, William