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Leicester Academics Investigate Efficiency

Researchers at the University of Leicester are currently investigating local government performance, bank productivity and airlines efficiency.

Are you being overcharged by your bank? Are you paying too much for your airline ticket? Are your local authority taxes too high?

Researchers at the University of Leicester are currently investigating local government performance, bank productivity and airlines efficiency.

The Efficiency and Productivity Research Unit (EPRU) in the University of Leicester School of Management recently organised an international workshop where these and other issues were assessed.

Dr Meryem Duygun Fethi, of the School of Management, said: “Efficiency and productivity analysis is a rapidly growing specialism in economics and business. It is concerned with measuring all aspects of the relative economic performance of companies, banks, non-profit organizations, local and national governments, and countries.

“We recently held an intensive five-day programme of lectures, seminars and computer modelling laboratory sessions with an international group of presenters. The workshop was held as part of the 50th anniversary celebrations of the foundation academic paper in the field of efficiency and productivity analysis, published in 1957 by Michael Farrell in the Journal of the Royal Statistical Society.”

The workshop was chiefly designed to introduce and develop mathematical programming and econometric methods on performance measurement in both theory and practice. The participants included university researchers in business and economics, regulators, consultants, and government policy makers. These included senior personnel from the United Nations Industrial Development Organization, African Banking Corporation, EDP Servico-Portugal, the Royal Court of the Sultanate of Oman, the Romanian Energy Regulatory Authority, Loadstar Ltd - Sri Lanka, and the universities of Cambridge, Paris I, Paris XI, Eastern Mediterranean, Nairobi, Free State - South Africa, Leeds, Leicester, Portsmouth, Hertfordshire, Aston, Loughborough, and K.U. Brussels.

The sponsors were the University of Leicester School of Management, Cambridge University Press, Econometric Software Inc., and Performance Improvement Management PIM Software. Proceeds from the workshop will be used to benefit the ongoing research of EPRU and UKEPAN.

More info: http://www.le.ac.uk/ulsm/research/epru/ukepan/

Notes to Editors

The Efficiency and Productivity Research Unit (EPRU) is based in the University of Leicester School of Management. The Unit contributes to the fulfillment of the School of Management's wider vision by striving to conduct research of the highest international standard in the field of performance measurement. In pursuing its research goals, the EPRU is committed to co-operating with institutions and researchers with similar objectives within and outside Europe. In order to promote research on efficiency and productivity as well as dissemination of its research findings, the Unit organises seminars, conferences, and short-term executive training programmes on performance measurement. The EPRU has a growing community of doctoral students working on performance measurement and production analysis. The UK Efficiency and Productivity Analysis Network (UKEPAN) was formally launched in 2006 by an international workshop, pioneered by the EPRU team.

More information is available from Dr Meryem Duygun Fethi, Lecturer in Finance and Co-ordinator of the Efficiency and Productivity Unit, University of Leicester School Management, Tel +44(0)116 252 5328, email m.fethi@le.ac.uk

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