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  • Analysis of complementary methodologies for the estimation of school value added
    Publication . Portela, M. C. A. S.; Camanho, A. S.
    This paper analyses the value added (VA) of a sample of Portuguese schools using two methodologies: data envelopment analysis (DEA) and the methodology used presently by the UK Department for Children, Schools and Families (DCSF). The VA estimates obtained by the two methods are substantially different. This reflects their different focus: DEA emphasizes on best-observed performance, whereas the DCSF method reveals average performance. The main advantage of the methodology used by the DCSF is its simplicity, although it confounds pupil effects with school effects in the estimation of school VA. In contrast, the DEA methodology can differentiate these effects, but the complexity may prevent its use in a systematic way. This paper shows that the two methods provide complementary information regarding the VA of schools, and their joint use can improve the understanding of the relative effectiveness of schools regarding the progress that pupils make between educational stages.
  • Productivity change in the water industry in England and Wales: application of the meta-malmquist index
    Publication . Portela, M. C. A. S.; Thanassoulis, E.; Horncastle, A.; Maugg, T.
    This paper uses a meta-Malmquist index for measuring productivity change of the water industry in England and Wales and compares this to the traditional Malmquist index. The meta-Malmquist index computes productivity change with reference to a meta-frontier, it is computationally simpler and it is circular. The analysis covers all 22 UK water companies in existence in 2007, using data over the period 1993-2007. We focus on operating expenditure in line with assessments in this field, which treat operating and capital expenditure as lacking substitutability. We find important improvements in productivity between 1993 and 2005, most of which were due to frontier shifts rather than catch up to the frontier by companies. After 2005, the productivity shows a declining trend. We further use the meta-Malmquist index to compare the productivities of companies at the same and at different points in time. This shows some interesting results relating to the productivity of each company relative to that of other companies over time, and also how the performance of each company relative to itself over 1993-2007 has evolved. The paper is grounded in the broad theory of methods for measuring productivity change, and more specifically on the use of circular Malmquist indices for that purpose. In this context, the contribution of the paper is methodological and applied. From the methodology perspective, the paper demonstrates the use of circular meta-Malmquist indices in a comparative context not only across companies but also within company across time. This type of within-company assessment using Malmquist indices has not been applied extensively and to the authors knowledge not to the UK water industry. From the application perspective, the paper throws light on the performance of UK water companies and assesses the potential impact of regulation on their performance. In this context, it updates the relevant literature using more recent data.
  • Economic efficiency when prices are not fixed: disentangling quantity and price efficiency
    Publication . Portela, Maria Conceição A. Silva; Thanassoulis, Emmanuel
    This paper proposes an approach to compute cost efficiency in contexts where units can adjust input quantities and to some degree prices so that through their joint determination they can minimise the aggregate cost of the outputs they secure. The model developed is based on the data envelopment analysis (DEA) framework and can accommodate situations where the degree of influence over prices ranges from minimal to considerable. When units cannot influence prices at all the model proposed reduces to the standard cost efficiency DEA model for the case where prices are taken as exogenous. In addition to the cost efficiency model, we introduce an additive decomposition of potential cost savings into a quantity and a price component, based on Bennet indicators.
  • An improvement on the Tracy and Chen model 'A generalized model for weight restrictions in DEA'
    Publication . Khalili, M.; Camanho, A. S.; Portela, M. C. A. S.; Alirezaee, M. R.
    Recently Tracy and Chen presented a parametric DEA model (PDEA) to assess relative efficiency in the presence of a generalized form of linear weight restrictions. This paper proposes a modification to the PDEA model that avoids the need to resort to searching algorithms to estimate efficiency, and assures that the correct efficiency scores are obtained in a single stage using mathematical programming solvers. The results of this model and the results of Tracy and Chen's PDEA model are compared using the examples reported in their paper. The results confirm the superiority of the model proposed in this paper.
  • Negative data in DEA: a directional distance approach applied to bank branches
    Publication . Portela, M. C. A. S.; Thanassoulis, E.; Simpson, G.
    This paper is drawn from the use of data envelopment analysis (DEA) in helping a Portuguese bank to manage the performance of its branches. The bank wanted to set targets for the branches on such variables as growth in number of clients, growth in funds deposited and so on. Such variables can take positive and negative values but apart from some exceptions, traditional DEA models have hitherto been restricted to non-negative data. We report on the development of a model to handle unrestricted data in a DEA framework and illustrate the use of this model on data from the bank concerned.
  • Métodos quantitativos aplicados à gestão – Regressão linear
    Publication . Silva, Conceição A.; Gaspar, José Maria; Correia, Maria Helena
  • Benchmarking clinical practice in surgery: looking beyond traditional mortality rates
    Publication . Castro, Ricardo A. S.; Oliveira, Pedro N.; Portela, Maria; Camanho, Ana S.; Queiroz e Melo, João
    This paper proposes two new measures to assess performance of surgical practice based on observed mortality: reliability, measured as the area under the ROC curve and a living score, the sum of individual risk among surviving patients, divided by the total number of patients. A Monte Carlo simulation of surgeons' practice was used for conceptual validation and an analysis of a real-world hospital department was used for managerial validation. We modelled surgical practice as a bivariate distribution function of risk and final state. We sampled 250 distributions, varying the maximum risk each surgeon faced, the distribution of risk among dead patients, the mortality rate and the number of surgeries performed yearly. We applied the measures developed to a Portuguese cardiothoracic department. We found that the joint use of the reliability and living score measures overcomes the limitations of risk adjustedmortality rates, as it enables a different valuation of deaths, according to their risk levels. Reliability favours surgeons with casualties, predominantly, in high values of risk and penalizes surgeons with deaths in relatively low levels of risk. The living score is positively influenced by the maximum risk for which a surgeon yields surviving patients. These measures enable a deeper understanding of surgical practice and, as risk adjusted mortality rates, they rely only on mortality and risk scores data. The case study revealed that the performance of the department analysed could be improved with enhanced policies of risk management, involving the assignment of surgeries based on surgeon's reliability and living score.
  • Performance assessment of secondary schools: the snapshot of a country taken by DEA
    Publication . Portela, M. C. S.; Camanho, A. S.; Borges, D.
    This paper describes a performance assessment of Portuguese secondary schools using data envelopment analysis (DEA). The assessment adopts a perspective where schools are viewed as promoting students achievement given their characteristics in terms of academic abilities and socio-economic background. Our sample comprised all secondary schools in Portugal with both basic and secondary education levels. Two types of DEA analysis are performed: one using an output-oriented model that restricts output (exam scores) weights to be linked to the number of students that have done that exam in the school, and the other using a model that restricts factor weights to be equal for all schools. In this model the weight restrictions are linked to the total number of exams done nationally. The first model is well suited for identifying worst performing schools and to assess schools that may specialize in certain subjects, whereas the latter is best suited for improving discrimination between best performing schools when pursuing the identification of benchmarks, as well as to construct performance rankings.
  • Decomposing school and school-type effciency
    Publication . Portela, M. C. A. Silva; Thanassoulis, Emmanuel
    This paper puts forward a Data Envelopment Analysis (DEA) approach to decomposing a pupil’s under-attainment at school. Under-attainment is attributed to the pupil, the school and the type of funding regime under which the school operates. A pupil-level analysis is used firstly on a within school and secondly on a between school basis, grouping schools by type such as state-funded, independent and so on. Overall measures of each pupil’s efficiency are thus disentangled into pupil, school and school-type efficiencies. This approach provides schools with a set of efficiency measures, each one conveying different information.