Zelenyuk, ValentinNational University Kyiv-Mohyla Academy
Author
Abstract
In this study, we merge results of two recent directions in efficiency analysis research—the Aggregation and the Bootstrap—applied, as an example, to one of the most popular point-estimators of individual efficiency: the Data Envelopment Analysis (DEA) estimator. A natural context of the methodology developed here is a study of efficiency of a particular economic system (e.g., an industry) as a whole, or a comparison of efficiencies of distinct groups within such a system (e.g., private vs. public or regulated vs. non-regulated firms, etc). Our methodology is justified by the (neo-classical) economic theory and is supported by carefully a dapted statistical methods.