Measuring Firm and Sector Efficiency in Pakistan: An Application of Data Envelopment Analysis

Aaker, D.A., Jacobson, R., (2001), The value relevance of brand attitude in high-technology markets. Journal of marketing research, Vol. 38 no. 4, pp. 485-493.10.1509/jmkr.38.4.485.18905Open DOISearch in Google Scholar

Afonso, A., Aubyn, M.S., (2006): Cross-country efficiency of secondary education provision: A semiparametric analysis with non-discretionary inputs. Economic Modelling, Vol. 23, no.3, pp. 476-491.10.1016/j.econmod.2006.02.003Search in Google Scholar

Afonso, A., St Aubyn, M., (2005), Non-parametric approaches to education and health efficiency in OECD countries. Journal of Applied Economics, Vol. 8, no. 2, pp. 227.10.1080/15140326.2005.12040626Search in Google Scholar

Afonso, A., Schuknecht, L., Tanzi, V., (2010), Public sector efficiency: evidence for new EU member states and emerging markets. Applied Economics, Vol. 42, no. 17, pp. 2147-2164.10.1080/00036840701765460Open DOISearch in Google Scholar

Anderson, R.I., Fok, R., (1998), The efficiency of franchising in the residential real estate brokerage market. Journal of Consumer Marketing, Vol. 15, no. 4, pp. 386-396.10.1108/07363769810226028Open DOISearch in Google Scholar

Banker, R. D., Maindiratta, A., (1986), Piecewise log-linear estimation of efficient production surfaces. Management Science, Vol: 32, no. 1, pp. 126-135.10.1287/mnsc.32.1.126Search in Google Scholar

Banker, R.D., Charnes, A., Cooper, W.W., (1984), Some models for estimating technical and scale inefficiencies in data envelopment analysis. Management Science, Vol. 30, no. 9, pp. 1078-1092.10.1287/mnsc.30.9.1078Open DOISearch in Google Scholar

Banker, R.D., Datar, S.M., Rajan, M.V., (1987), Measurement of productivity improvements: An empirical analysis. Journal of Accounting, Auditing & Finance, Vol. 2, no. 4, pp. 319-347.10.1177/0148558X8700200401Search in Google Scholar

Bayraktar, E., Tatoglu, E., Turkyilmaz, A., Delen, D., Zaim, S., (2012), Measuring the efficiency of customer satisfaction and loyalty for mobile phone brands with DEA. Expert Systems with Applications, Vol: 39, no. 1, pp. 99-106.10.1016/j.eswa.2011.06.041Search in Google Scholar

Charnes, A., Cooper, W.W., Rhodes, E., (1978): Measuring the efficiency of decision-making units. European journal of operational research, Vol. 2, no. 6, pp. 429-444.10.1016/0377-2217(78)90138-8Search in Google Scholar

Cooper, W.W., Seiford, L.M., Tone, K., (2000): Data envelopment analysis.10.1007/b109347Search in Google Scholar

Cyrek, M., (2017), Social efficiency of employment in three sectors — a comparison of Polish regions Equilibrium. Quarterly Journal of Economics and Economic Policy, Vol. 12, no. 3, pp. 417–432. doi.org/10.24136/eq.v12i3.2210.24136/eq.v12i3.22Open DOISearch in Google Scholar

Enos, D.D., (2007): Performance improvement: Making it happen. CRC Press.Search in Google Scholar

Farrell, M.J., Fieldhouse, M., (1962): Estimating useful production functions under increasing returns to scale. Journal of the Royal Statistical Society. Series A (General), pp. 252-267.10.2307/2982329Open DOISearch in Google Scholar

Galagedera, D.U., Silvapulle, P., (2002), Australian mutual fund performance appraisal using data envelopment analysis. Managerial Finance, Vol. 28, no.9, pp. 60-73.10.1108/03074350210768077Open DOISearch in Google Scholar

Grmanová, E., Ivanová, E., (2018), The efficiency of banks in Slovakia: Measuring by DEA models. Journal of International Studies, Vol. 11, no. 1, pp. 257-272. doi:10.14254/2071-8330.2018/11-1/2010.14254/2071-8330.2018/11-1/20Open DOISearch in Google Scholar

Golshani, H., Khoveyni, M., Valami, H. B., Eslami, R., (2019), A slack-based superefficiency in a two-stage network structure with intermediate measures. Alexandria Engineering Journal. doi.org/10.1016/j.aej.2019.01.00210.1016/j.aej.2019.01.002Open DOISearch in Google Scholar

Gupta, S., Verhoeven, M., (2001), The efficiency of government expenditure: experiences from Africa. Journal of policy modeling, Vol. 23, no. 4, pp. 433-467.10.1016/S0161-8938(00)00036-3Search in Google Scholar

Gupta, S., Melewar, T.C., Bourlakis, M., (2010), Transfer of brand knowledge in business-tobusiness markets: a qualitative study. Journal of Business & Industrial Marketing, Vol. 25, no. 5, pp. 395-403.10.1108/08858621011058151Open DOISearch in Google Scholar

Hawdon, D., (2003), Efficiency, performance, and regulation of the international gas industry- a bootstrap DEA approach. Energy Policy, Elsevier, vol. 31, no. 11, pp. 1167-1178.10.1016/S0301-4215(02)00218-5Open DOISearch in Google Scholar

Husain, N., Abdullah, M., Kuman, S., (2000), Evaluating public sector efficiency with data envelopment analysis (DEA): a case study in the Road Transport Department, Selangor, Malaysia. Total Quality Management, Vol. 11, no. 4-6, pp. 830-836.10.1080/09544120050008282Search in Google Scholar

Kapelko, M., Lansink, A.O., (2015), An international comparison of productivity change in the textile and clothing industry: a bootstrapped Malmquist index approach. Empirical Economics, Vol. 48, no. 4, pp. 1499-1523.10.1007/s00181-014-0835-5Search in Google Scholar

Kipesha, E.F., (2013), Impact of size and age on firm performance: evidence from microfinance institutions in Tanzania.Search in Google Scholar

Kirkulak, B., Erdem, S., (2014), Market value chain efficiency in Turkey: application of DEA to the pre-and post-2001 financial crisis. EuroMed Journal of Business, Vol. 9, no. 1, pp. 2-17.10.1108/EMJB-01-2013-0001Search in Google Scholar

Khan, F. U., Khattak, B. K., (2016), An Empirical Investigation of Commercial Banks’ efficiency in Pakistan: A Non-Parametric Data Envelopment Approach. Gomal University Journal of Research, Vol. 32, no. 1, pp. 21-32.Search in Google Scholar

Kotey, B., O’Donnell, C.J., (2002), Data envelopment analysis in small and medium enterprises: A study of the Australian food, beverages, and tobacco manufacturing industry. Small Enterprise Research, Vol. 10, no. 2, pp. 3-22.10.5172/ser.10.2.3Search in Google Scholar

Lim, K.P., (2008), Sectoral efficiency of the Malaysian stock market and the impact of the Asian financial crisis. Studies in Economics and Finance, Vol. 25, no. 3, pp. 196-208.10.1108/10867370810894710Search in Google Scholar

Liow, K., (2016), The global financial crisis and cyclical co-movements of Asian financial markets. Journal of Property Investment & Finance, Vol. 34, no. 5, pp. 465-495.10.1108/JPIF-03-2016-0018Search in Google Scholar

Lovell, Ca., (1993), Production Frontiers and Productive Efficiency. Production Frontiers and Productive Efficiency.Search in Google Scholar

Luo, X., Raithel, S., Wiles, M.A., (2013), The impact of brand rating dispersion on firm value. Journal of Marketing Research, Vol. 50, no. 3, pp.399-415.10.1509/jmr.12.0188Open DOISearch in Google Scholar

Majumdar, S. K., Chhibber, P., (1999), Capital structure and performance: Evidence from a transition economy on an aspect of corporate governance. Public Choice, Vol. 98, no. 3, pp. 287-305.10.1023/A:1018355127454Open DOISearch in Google Scholar

Majumdar, S.K., (1997), The impact of size and age on firm-level performance: some evidence from India. Review of industrial organization, Vol. 12, no. 2, pp. 231-241.10.1023/A:1007766324749Open DOISearch in Google Scholar

Memon, A.M., Tahir, I.M., (2012), Relative efficiency of manufacturing companies in Pakistan using Data Envelopment Analysis. International Journal of Business and Commerce, Vol. 1, no. 3, pp. 10-27.Search in Google Scholar

Moutsianas, K. A., Kosmidou, K., (2016). Bank earnings volatility in the UK: Does size matter? A comparison between commercial and investment banks. Research in International Business and Finance, Vol. 38, pp. 137-150.10.1016/j.ribaf.2016.03.013Open DOISearch in Google Scholar

Mostafa, M.M., (2007), Evaluating the competitive market efficiency of top listed companies in Egypt. Journal of Economic Studies, Vol. 34, no. 5, pp. 430-452.10.1108/01443580710823239Open DOISearch in Google Scholar

Mukherjee, K., (2008), Energy use efficiency in the Indian manufacturing sector: an inter state analysis. Energy policy, Vol. 36, no. 2, pp. 662-672.10.1016/j.enpol.2007.10.015Open DOISearch in Google Scholar

Nadeem, M., Gan, C., Nguyen, C., (2017), Does intellectual capital efficiency improve firm performance in BRICS economies? A dynamic panel estimation. Measuring Business Excellence, Vol. 21, no. 1, 6585. doi:10.1108/mbe-12-2015-005510.1108/MBE-12-2015-0055Open DOISearch in Google Scholar

Olatubi, W.O., Dismukes, D.E., (2000), A data envelopment analysis of the levels and determinants of coal-fired electric power generation performance. Utilities Policy, 9(2), 47-59.10.1016/S0957-1787(01)00004-2Search in Google Scholar

Othman, F. M., Mohd-Zamil, N. A., Rasid, S. Z. A., Vakilbashi, A., Mokhber, M., (2016), Data Envelopment Analysis: A Tool of Measuring Efficiency in Banking Sector. International Journal of Economics and Financial, Vol. 6, no. 3.Search in Google Scholar

Park, C.W., Eisingerich, A.B., Pol, G., Park, J.W., (2013), The role of brand logos in firm performance. Journal of Business Research, Vol. 66, no. 2, pp. 180-187.10.1016/j.jbusres.2012.07.011Search in Google Scholar

Rahman, A., Qayyum, A. Afza, T., MazharIqbal, M. M., (2009), Efficiency Dynamics of Sugar Industry of Pakistan. The Pakistan Development Review. Vol. 48, no. 4. Pp. 921-93810.30541/v48i4IIpp.921-938Search in Google Scholar

Rezaie, K., Dalfard, V.M., Hatami-Shirkouhi, L., Nazari-Shirkouhi, S., (2013), Efficiencyappraisal and ranking of decision-making units using data envelopment analysis in the fuzzy environment: a case study of Tehran stock exchange. Neural Computing and Applications, Vol. 23, no. 1, pp. 1-17.10.1007/s00521-012-1209-6Search in Google Scholar

Rogova, E., Blinova, A., (2018), The Technical Efficiency of Russian Retail Companies: An Empirical Analysis. UniwersytetEkonomiczny w Krakowie, Vol. 5, no. 977, pp. 171–185, ISSN 1898-6447 e-ISSN 2545-3238, doi.org/10.15678/ZNUEK.2018.0977.051110.15678/ZNUEK.2018.0977.0511Open DOISearch in Google Scholar

Seiford, L.M., Zhu, J., (1999), Profitability and marketability of the top 55 US commercial banks. Management Science, Vol. 45, no. 9, pp. 1270-1288.10.1287/mnsc.45.9.1270Open DOISearch in Google Scholar

Sigala. M., (2002), Developing and Benchmarking Internet Marketing Strategies in the Hotel Sector in Greece. Vol. 27, no. 4, https://doi.org/10.1177/1096348003027400110.1177/10963480030274001Open DOISearch in Google Scholar

Shah, U. K., (2011), Organizational Legitimacy and the Strategic Bridging Ability of Green Alliances. Wiley Online Library, https://doi.org/10.1002/bse.70610.1002/bse.706Open DOISearch in Google Scholar

Stavarek, D., (2006), Banking efficiency in the context of European integration. Eastern European Economics, Vol. 44, no. 4, pp. 5-31.10.2753/EEE0012-8775440401Open DOISearch in Google Scholar

Wang, Z.H., Zeng, H.L., Wei, Y.M., Zhang, Y.X., (2012), Regional total factor energy efficiency: an empirical analysis of the industrial sector in China. Applied Energy, Vol. 97, pp. 115-123.10.1016/j.apenergy.2011.12.071Open DOISearch in Google Scholar

Zelenyuk, V., Zheka, V., (2006), Corporate governance and firm’s efficiency: the case of a transitional country, Ukraine. Journal of Productivity Analysis, Vol. 25, no. 1, pp. 143-157.10.1007/s11123-006-7136-8Search in Google Scholar