This paper examined cost efficiency differences between rural hospitals participating in the Critical Access Hospital (CAH) Program and a group of non-converting, prospectively paid rural hospitals using both a two-stage semi-parametric approach as well as stochastic frontier analysis (SFA)....

This study used a stochastic frontier cost model to analyze whether the policy changes that created Critical Access Hospitals (CAHs) caused an increase in the cost inefficiency of these hospitals or their cost inefficiency was brought about by other factors that were similar to all rural...

The purpose of this paper is to assess the opportunity returns forgone to cotton producers in the lower Mid-South region of the United States for growing cotton, compared to alternative commodities. We calculate the actual net returns per acre for selected cotton-producing counties in Arkansas,...

This study examines, post-conversion, cost inefficiency of Critical Access Hospitals (CAH) using a two-stage approach. While the results suggest that Medicare cost-based reimbursement and longer participation in the CAH program may increase the cost inefficiency of CAHs, the extent of this...

This paper accomplishes two objectives. First, this paper estimates a model for oil wells drilled in the Gulf of Mexico using specific time series models. In the second objective, the number of wells drilled are applied to the COMPAS model for Louisiana. Wells drilled are treated as final demand...

Online surveys have emerged as low-cost data collection approach in empirical researches; however, the validity of data remains questionable. Therefore, we employed a stochastic frontier estimation method to calibrate online recreational expenditure. Study results suggested the presence of...

This study estimates economic impact of ginning on Mid-South states applying input-output analysis to gin cost data. Results indicated that cotton ginning activity in the Mid-South generated over $258 million in direct output effects during 2007 and $438 million in total effects with a...

We introduce a modeling framework called Transaction Cost Economics to help decision makers in rural health care markets choose among alternative organizational relationships in order to more cost-effectively deliver healthcare services. In particular, the hospital-physician relationship is...