Estimating DEA technical and allocative inefficiency using aggregate revenues in Taiwan life insurance industry
碩士 === 淡江大學 === 經濟學系碩士班 === 100 === In this paper, we use the data envelopment analysis（DEA） to estimate the technical, allocative efficiency of Taiwan’s life insurance industry. The sample period covers fifteen years, staring from 1996 to 2010.We relate the use of aggregate revenue data to the meas...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2012
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| Online Access: | http://ndltd.ncl.edu.tw/handle/89727456008357824850 |
| Summary: | 碩士 === 淡江大學 === 經濟學系碩士班 === 100 === In this paper, we use the data envelopment analysis（DEA） to estimate the
technical, allocative efficiency of Taiwan’s life insurance industry. The sample period covers fifteen years, staring from 1996 to 2010.We relate the use of aggregate revenue data to the measurement of allocative efficiency using DEA when the information
about prices is not available except the aggregate revenue. We show that the DEA technical efficiency measure using total revenues as the single output variable equals the aggregate technical and allocative efficiency. We employ this result to estimate allocative efficiency and construct statistical tests of the null hypothesis of no allocative inefficiency.Our empirical results indicate the existence of statistically significant allocative inefficiency in the Taiwan’s life insurance industry in the study early years of 1996 to 2001 and 2008 and 2009.
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