2012
DOI: 10.1016/j.enpol.2012.08.026
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The technology gap and efficiency measure in WEC countries: Application of the hybrid meta frontier model

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Cited by 27 publications
(14 citation statements)
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References 35 publications
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“…First, we apply the principal component analysis to reduce the large number of observations of possibly correlated corporate governance variables into fewer linearly uncorrelated principal components. Second, we use the hybrid-meta frontier model based on Chiu et al (2012). Thus, the inputs of fixed assets and staff are defined as radial inputs that change proportionally, while the inputs of corporate governance principal components are defined as non-radial inputs that change non-proportionally.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…First, we apply the principal component analysis to reduce the large number of observations of possibly correlated corporate governance variables into fewer linearly uncorrelated principal components. Second, we use the hybrid-meta frontier model based on Chiu et al (2012). Thus, the inputs of fixed assets and staff are defined as radial inputs that change proportionally, while the inputs of corporate governance principal components are defined as non-radial inputs that change non-proportionally.…”
Section: Discussionmentioning
confidence: 99%
“…First, this research paper applies principal component analysis to convert a set of observations of numerous possibly correlated corporate governance variables into a set of values of fewer linearly uncorrelated variables called principle components. Second, we next use the hybrid-meta frontier model based on Chiu et al (2012) in which the inputs are separated into radial inputs that change proportionally and non-radial inputs that change non-proportionally. This study conducts three research methods: principal component analysis, hybrid DEA, and meta-frontier DEA.…”
Section: Methodologiesmentioning
confidence: 99%
“…The metafrontier DEA model evaluates the technical efficiency and technology gap ratios of different regions, but it also assumes a full proportionality change between input factors. Chiu et al (2012) modify the meta-frontier DEA model based on Battese et al (2004) andO'Donnell et al (2008) by assuming the inputs to be distinguished between radial inputs that change proportionally and non-radial inputs that change disproportionally.…”
Section: Literature Reviewmentioning
confidence: 99%
“…[23]. The scope of MFA application has surged recently into many areas including dairy farming, civil engineering, energy, banking and pharmaceutical sectors [24][25][26][27]. Furthermore, recent trends in the meta-frontier applications have enclosed the astonishing results in the ICT industry as reported by [28,29].…”
Section: Methodsmentioning
confidence: 99%