Measurment Of Technical Efficiency Of Ethiopian Insurance Companiestechnical Efficiency
Download Measurment Of Technical Efficiency Of Ethiopian Insurance Companiestechnical Efficiency full books in PDF, epub, and Kindle. Read online free Measurment Of Technical Efficiency Of Ethiopian Insurance Companiestechnical Efficiency ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Mulugeta Abuye Ertiro |
| Publisher | : GRIN Verlag |
| Total Pages | : 80 |
| Release | : 2018-10-05 |
| Genre | : Business & Economics |
| ISBN | : 3668811164 |
Thesis (M.A.) from the year 2012 in the subject Business economics - Investment and Finance, grade: MSc in Finance and Investment, Mekelle University (Business and economic college), language: English, abstract: This study was conducted in Ethiopian insurance companies in order to measure the technical efficiency using DEA input oriented approach under both constant and variable return versions and Malmquist index output oriented approach in the period 2006-2010. In the first stage, the relative technical efficiency is estimated with data envelopment analysis (DEA) to establish benchmarking company, then, they are ranked according to their technical efficiency. Mann whiney- U test in the second stage was used to determine the factors affecting efficiency. The concept of efficiency concerns is an insurer’s ability to produce a given set of outputs (such as premiums and investment income) via the use of inputs such as administrative and general expenses and financial capital. The insurance company is said to be technically efficient if it cannot reduce its input usage without some corresponding reduction in outputs, given the current state of production technology in the industry. The technical efficiency of Ethiopian insurance companies during the study period was 86.7%, 97.1% and 84.9% in technical efficiency, pure technical efficiency and scale efficiency, respectively. The productivity change shows Ethiopian insurance companies were quite well in efficiency change rather than technological change. It suggested that it is better to employ advanced technology to be efficient in competitive environment. So it is advisable Ethiopian insurance companies are better-off to follows the best practicing firms in the industry. The economic implications arising from findings were also considered.
| Author | : Timothy J. Coelli |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 376 |
| Release | : 2005-07-22 |
| Genre | : Business & Economics |
| ISBN | : 9780387242651 |
Softcover version of the second edition Hardcover. Incorporates a new author, Dr. Chris O'Donnell, who brings considerable expertise to the project in the area of performance measurement. Numerous topics are being added and more applications using real data, as well as exercises at the end of the chapters. Data sets, computer codes and software will be available for download from the web to accompany the volume.
| Author | : Tsegay Kaleab Atsbaha |
| Publisher | : Springer Nature |
| Total Pages | : 233 |
| Release | : 2022-09-19 |
| Genre | : Business & Economics |
| ISBN | : 9811934320 |
This book evaluates the efficiency and growth of the Ethiopian air transport sector through careful analysis. It provides essential research input for air transport industry practitioners in planning and resource management as well as for academics of advanced efficiency analysis who need to work and study in airports and the airline industry. The book analyzes the theoretical and practical implications of air transport growth determinants, airports' cost and production efficiency, including labor use efficiency by taking their respective determinant factors. The findings and policy implications of each research work provide important inputs for government policymakers and air transport planners to consider the causality of economic growth versus airlines growth and other determinants, to take lessons on the proper resource allocation in the application of airport cost and production efficiency, human capital, investment cost, price of capital, and labor inputs during the development and expansion of airports and airlines. This book is the first of its kind on the Ethiopian air transport industry and serves as a much-needed reference for the African air transport industry as well as other developing countries in terms of airport costs, production, labor use efficiency and airline growth perspectives.
| Author | : Harold O. Fried |
| Publisher | : Oxford University Press |
| Total Pages | : 653 |
| Release | : 2008-02-04 |
| Genre | : Business & Economics |
| ISBN | : 0198040504 |
When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminal chapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics to agricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.
| Author | : Mr.Amadou N Sy |
| Publisher | : International Monetary Fund |
| Total Pages | : 61 |
| Release | : 2019-02-14 |
| Genre | : Business & Economics |
| ISBN | : 1484385667 |
FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.
| Author | : Subal C. Kumbhakar |
| Publisher | : Cambridge University Press |
| Total Pages | : 348 |
| Release | : 2003-03-10 |
| Genre | : Business & Economics |
| ISBN | : 1107717302 |
Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, from minimum cost and cost minimizing input demands, and from maximum profit and profit maximizing output supplies and input demands, are attributed exclusively to random statistical noise. However casual empiricism and the business press both make persuasive cases for the argument that, although producers may indeed attempt to optimize, they do not always succeed. This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis.
| Author | : Nigel Davies |
| Publisher | : International Monetary Fund |
| Total Pages | : 45 |
| Release | : 2003-07-01 |
| Genre | : Business & Economics |
| ISBN | : 1451856008 |
This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on this experience and the experience gained under the FSAP, the paper proposes key indicators that should be compiled and used for surveillance of financial soundness of insurance companies and the insurance sector as a whole.
| Author | : Hong Wang |
| Publisher | : World Scientific |
| Total Pages | : 445 |
| Release | : 2020-06-03 |
| Genre | : Medical |
| ISBN | : 9811212422 |
The global health community is broadly in agreement that achievement of the health-related Sustainable Development Goals (SDGs) hinges upon both an escalation of the financial resources dedicated to primary health care (PHC) and a more effective use of those resources: more money, better spent. This book introduces and explicates the end-to-end resource tracking and management (RTM) framework, which includes five components that determine effective and efficient financing for PHC: resource mobilization, allocation, utilization, productivity, and targeting.In addition, this book compiles detailed results from the most recent RTM-based resource tracking efforts for PHC in selected countries. This is to demonstrate how the RTM framework can be used to bring a set of separate resource tracking efforts at different stages of flow of funds into a comprehensive process with an end-to-end 'storyline'. In order to build a functional PHC system that addresses access, quality, and equity issues, this book highlights the key (public) financing issues that researchers, technical advisors, and policy makers would need to address in addition to more resources.
| Author | : Pia Nilsson |
| Publisher | : Springer |
| Total Pages | : 336 |
| Release | : 2019-04-24 |
| Genre | : Business & Economics |
| ISBN | : 3030114198 |
This book addresses poverty and well-being, equity, and efficiency in selected African countries. The chapters focus on three main topics: studies in the measurement and analysis of well-being and vulnerability to poverty, women's empowerment, and the dynamics and determinants of income and efficiency among smallholders. The chapters in the first section examine poverty, well-being, and vulnerability to poverty, as well as social exclusion, with a focus on households in Ethiopia, Rwanda, and Tanzania. They highlight the need to consider multidimensional measures of well-being and vulnerability to poverty, the need to address the distribution of vulnerability across different segments of the population, as well as the importance of developing public policies aimed at poverty reduction and promoting the well-being of the poor. The next section deals with issues related to women’s empowerment, including a multidimensional case study of women’s empowerment in Ghana and women’s access to microfinance services in Ethiopia. The final section focuses on dynamics and determinants of income and efficiency among farm households in Ethiopia and Uganda. Using a variety of methodologies, this volume provides a multifaceted approach to studying poverty and well-being in a diverse range of locations. As such, it of use to undergraduate and graduate students studying African economics or economics of poverty and well-being, and will be appealing to public policymakers and international aid agencies.
| Author | : Ms. Emilia M Jurzyk |
| Publisher | : International Monetary Fund |
| Total Pages | : 45 |
| Release | : 2021-03-12 |
| Genre | : Business & Economics |
| ISBN | : 1513571923 |
We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.
