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A COMPARISON OF REGRESSION-ANALYSIS AND DATA ENVELOPMENT ANALYSIS AS ALTERNATIVE METHODS FOR PERFORMANCE ASSESSMENTS

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UNSPECIFIED (1993) A COMPARISON OF REGRESSION-ANALYSIS AND DATA ENVELOPMENT ANALYSIS AS ALTERNATIVE METHODS FOR PERFORMANCE ASSESSMENTS. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 44 (11). pp. 1129-1144. ISSN 0160-5682

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Abstract

This paper compares regression analysis and data envelopment analysis as two alternative methods for assessing the comparative performance of homogeneous organizational units such as bank branches or schools. The comparison is restricted to units using a single resource or securing a single output. It focuses on the estimates of relative efficiency, marginal input-output values and target input-output levels that the two methods offer. A set of hypothetical hospitals is used to illustrate the performance of the two methods. It is found that, in general, data envelopment analysis outperforms regression analysis on accuracy of estimates but regression analysis offers greater stability of accuracy.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Journal or Publication Title: JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
Publisher: STOCKTON PRESS
ISSN: 0160-5682
Date: November 1993
Volume: 44
Number: 11
Number of Pages: 16
Page Range: pp. 1129-1144
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/20987

Data sourced from Thomson Reuters' Web of Knowledge

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