exists when there was a gap between actual data and frontier of a firm (Javed, 2009).
The generalized likelihood ratio (LR) has a mixed chi-square distribution set at a level of [alpha]% significance and 1 degrees of freedom, where K is the number of variables included in the inefficiency
Among these 200 employees of FBR facing charges of corruption, misconduct and inefficiency
belong to different grades, seven are Grade 20 officers, 11 are Grade 19 officers, 14 are Grade 18 officers, two are grade 17 officers, 13 are grade 16 officers while about 150 are lower grade employees who are superintendents, deputy super tendency, inspectors and appraisers.
A firm working either at increasing (IRS) or decreasing (DRS) return to scale creates scale inefficiency
The present paper extends the cost frontier inefficiency
to include both of these potential environmental effects.
Allocative market inefficiency
comprises deviations from perfectly competitive prices and outputs.
He identifies six categories of social practices that are meant to address unemployment, investigating efficiencies and inefficiencies associated with each category and suggesting ways to promote American economic growth and job creation within environmental limits with less inefficiency
. He concludes that the American economy can grow indefinitely and create an unlimited number of jobs within environmental limits while eliminating many inefficiencies that impair human welfare.
This distributional assumption requirement implies that the models treat inefficiency
while the cost of inefficiency
is passed along to them ..." (IBM, 2011).
? Zuckerberg It seems the Zuckerberg school of management seems to have worked as he cut his opposition down to size netting himself PS22billion pounds in the process.
Abstract: This paper uses the Simar-Wilson bootstrap technology to estimate cost inefficiency
in the Pakistan banking sector for the period 2002-2009.
AHMEDABAD -- At a time when 30% of the recent capacity addition in Indian power generation sector has been made through use of Chinese equipments, the inefficiency
of the installed equipments has become a major cause of concern.