Search results for "benchmark"
showing 10 items of 310 documents
How does seasonality affect water reuse possibilities? An efficiency and cost analysis
2012
Abstract Because of the harsh conditions of water stress and seasonal water demand in many zones, water reuse has emerged as a key alternative for achieving sustainable water management. An efficient performance by wastewater treatment plants (WWTPs) in technical and economic terms favors water reuse. However, seasonality in the flow of wastewater and in the pollutant load may be a determining factor in the efficiency of WWTPs. To evaluate if seasonality affects WWTP efficiency, analytical benchmarking methodology Data Envelopment Analysis (DEA) is used to obtain an average efficiency score for seasonal and non-seasonal plants. Given the importance of extended aeration (EA) and activated sl…
Tariffs and efficient performance by water suppliers: an empirical approach
2012
Water leaks are an environmental and sustainable issue as well as an economic issue. The objective of this paper is to analyse the efficiency of a sample of Spanish urban water systems by considering water leaks in a network as undesirable outputs. Data envelopment analysis (DEA), an analytical benchmarking methodology, is used to calculate technical and economic efficiency. We also discuss the possible relationship between efficiency and tariffs charged to users. Results show that the possibilities for reducing water leaks in networks are high, thus demonstrating that there is room for savings from an economic and environmental point of view. The assessment of efficiency performance could …
Examining Benchmark Indicator Systems for the Evaluation of Higher Education Institutions
2009
Higher Education Institutions are undergoing important changes involving the development of new roles and missions, with implications for their structure. Governments and institutions are implementing strategies to ensure the proper performance of universities and several studies have investigated evaluation of universities through the development and use of indicator systems. In this paper, we review some of the systems applied to the OECD countries, with special attention to Spain. We demonstrate the difficulty involved in establishing classification criteria for existing indicators, on which there is currently no consensus.
When do cooperation and commitment matter in a monetary union?
2013
International audience; This paper offers a framework to study strategic interactions between private players, national fiscal authorities and a common central bank in monetary unions. We establish general conditions, in terms of restrictions on spillover effects of actions by private and public players, under which games that differ in the degree of cooperation and commitment can admit the same equilibrium outcome. We use these conditions to characterize benchmark results on the irrelevance of cooperation and commitment established in recent literature. Moreover, we show for a general setting, in which the benchmark results do not apply, that gains from fiscal cooperation depend on the num…
Environmental performance: an index number approach
2004
Abstract Tyteca [J. Environ. Manage. 46 (1996) 281] reviews the literature on environmental performance indicators. In that paper he calls for an index that simultaneously accounts for resources used, good outputs produced and pollutants or undesirable outputs emitted. Here, we provide a formal index number of environmental performance which can be computed using data envelopment analysis (DEA) techniques. The implicit benchmark is that of finding the highest ratio of good to bad outputs. Our environmental performance index is constructed from distance functions which implies that it satisfies a number of desirable properties. Since the component distance functions require only information …
Can Euribor be fixed?
2020
The manipulation of Euro Interbank Offered Rate (Euribor) is a problem with great impact on international financial markets. This paper focuses on two aspects of the Euribor benchmark rate for the period 2004–2018: the specific features that make the Index more vulnerable to manipulation and the potential for Index manipulation over the studied period. To address the first aspect, we examine the range and the standard deviation of daily quotes, as well as the panel banks’ quote submissions to the Euribor administrator, the maximum and minimum quotes and the daily variation of submissions. As a result, we found a group of five banks with similar and extreme submission patterns, which might b…
Is the environmental performance of industrialized countries converging? A ‘SURE’ approach to testing for convergence
2008
In this paper, we test for convergence in the environmental performance of a sample of OECD countries, with data ranging from 1971 to 2002. First, we use Data Envelopment Analysis (DEA) to compute two environmental performance indicators (EPIs) in the production theory framework. Second, we propose the use of a sequential multivariate approach to test for convergence in environmental performance. These tests allow us to reconcile the time series literature with the cross-sectional dimension, which is basic when testing for convergence in regional blocs. The SURE technique is used, which allows for the existence of correlations across the series without imposing a common speed of mean revers…
On benchmarking the dependability of automotive engine control applications
2004
The pervasive use of ECUs (electronic control units) in automotive systems motivates the interest of the community in methodologies for quantifying their dependability in a reproducible and cost-effective way. Although the core of modern vehicle engines is managed by the control software embedded in engine ECUs, no practical approach has been proposed so far to characterise the impact of faults on the behaviour of this software. This paper proposes a dependability benchmark for engine control applications. The essential features of such type of applications are first captured in a general model, which is then exploited in order to specify a standard procedure to assess dependability measure…
A set of indices to assess the real performance of daylight-linked control systems
2017
Abstract The installation of Building Automation Control Systems (BACs) in general is an effective action to achieve relevant energy savings. Commercial BACs, installed in residential or small offices, often include functions of lighting control, acting as Daylight-Linked Control Systems (DLCSs). Nevertheless, because system performance is strictly dependent on different parameters, BAC’s hardware and software configuration and as well as an inaccurate commissioning do not always allow a perfect execution of the desired tasks; therefore, the system could not work as expected. Moreover, it is well known that energy saving potential is specifically related to the variability of the light envi…
Benchmarking in Romanian industrial environment
2017
Benchmarking is a managerial tool that can assist the organizational change and the innovation. The paper aims to discover the degree in which Romanian managers in various industrial fields use this modern tool in the improvement of business strategy or organizational processes. In this context, we presented some results of a selective research made in Romanian industrial environment. The respondents were experts in creativity management and benchmarking, acting in big, medium or small enterprises. They offered many solutions for increase the rate of use of benchmarking and creativity couple in the management of Romanian organizations.