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The purpose of this study is to evaluate the profit efficiency of decision-making units (DMUs) based on predicted future information to solve the lag problem of improvement benchmarks given by the traditional profit efficiency model.

This paper proposes a two-step profit efficiency evaluation method. The first step predicts the future input and output information of DMUs through the past time-series data, obtaining a likely production possibility set (PPS) and profit frontier for the next period. The second step calculates DMUs' profit efficiency based on the predictions obtained in the first step and provides predictive benchmarking for DMUs.

The empirical results show that the proposed method yields good solutions for the lag problem of benchmarks given in ex-post evaluation, enabling bank managers to use predicted future information to achieve better improvement. Besides, compared with the technical efficiency measure, profit efficiency can better reflect the financial situation of DMUs and give the specific gap between the evaluated and optimal DMU.

For bank managers, the authors' new technique is advantageous for grasping the initiative of development because this technique accounts for the future development of the whole industry and sets forward-looking targets. These advantages can help banks improve in a more favorable direction and improve the asset management ability of banks.

This paper combines the data envelopment analysis (DEA) profit efficiency model with performance prediction and proposes a new two-step profit efficiency model, filling a gap in previous studies.

With the rapid economic growth and urbanization development, regional environmental problems have attracted increasing attention. The study on analyzing cities’ capacity on resource utilization and environmental protection is practically significant because of the industrial agglomeration in an urban area. This study aims to measure environmental efficiency of urban industrial water utilization by comparing input, output and undesirable outputs variables of cities.

This paper combines data envelopment analysis basic approach with regression to discover the environmental efficiency score of cities and their influence factors. A set of slack-based measure (SBM) model is constructed for calculating the environmental efficiency score by considering both desirable and unendurable outputs.

This paper analyzes the industrial water utilization efficiency for China from the city level by evaluating the performance for up to 200 mainland Chinese cities during 2012–2016 under SBM model. Then, 2C Tobit regression is used to measure the determining factors of industrial water utilization efficiency from the angle of natural, social, municipal and industrial structure factors. The empirical study results show huge room for improvement in industrial water utilization in China, while the average citizen efficiency scores maintain a level of about 0.5.

Significant differences exist in the regional efficiency in different cities in China. Per capita GDP, a total length of drainage pipe and whether the area is coastal or not have significant positive impacts on the water utilization efficiency, while the proportion of secondary industry to GDP has a significant negative influence. Specific recommendations are proposed based on the local industrial water utilization efficiency scores, such as improving urban infrastructure and adopting a more flexible water pricing system.

The purpose of this paper is to examine the industrial production efficiency, pollution treatment efficiency, total factor energy efficiency and water efficiency in China with the consideration of technological innovation. This study also explores the distribution proportion of technological innovation between industrial production substage and pollution treatment substage.

A nonparametric method, data envelopment analysis (DEA), is used as the model foundation of this study. Specifically, a novel two-stage range-adjusted measure (RAM-DEA) with shared inputs is constructed to analyze the China’s industrial system. In this study, the panel data of 30 provinces from 2008 to 2015 are used.

This study found that although the current environmental regulation reduced the efficiency of industrial production, it could significantly improve the pollution treatment level. However, the lack of pollution treatment capacity was still an obstacle for development of China's industrial system. Compared with the total factor energy efficiency, the total factor water efficiency had more room for improvement. The optimal distribution of technological innovation in the two substages performed little change and the distribution roughly followed the “three-seven principle”.

More attention should be paid to improve the pollution treatment level and total factor water efficiency. And more R&D expenditure should be used in the industrial production substage in the eastern coastal areas, while in the inland areas, more R&D expenditure should be used in the pollution treatment substage.

This study proposed a model to environmental efficiency score with considering interval data under two-stage evaluation structure, which could strengthen the theory and expand the application scope of DEA approach.

The purpose of this paper is to evaluate Chinese commercial banks efficiency based on different non-performing loans in the process. Moreover, we identified the difference among different types of banks (state-owned commercial banks, joint-stock commercial banks and city commercial banks) and different operation stages (deposit producing sub-stage, profit earning sub-stage and overall stage).

Assurance region (AR) restrictions are combined with a two-stage data envelopment analysis (DEA) model. The efficiency scores of 26 Chinese commercial banks (listed banks) are analyzed by a two-stage AR-DEA model in the study period of 2013–2017.

The results show that state-owned commercial banks had better performance than joint-stock commercial banks and city commercial banks over the five-year study period. The development of Internet finance has positive impact on deposit producing sub-stage and insignificant non-homogeneity existed among the different groups in the circumstances of considering different non-performing loans.

The research findings provide practical insights that help bank managers find the defects in operation process, which need to be improved.

Previous studies viewed non-performing loans as an integrated whole variable. The paper divides non-performing loans into three categories based on the risk and investigates the effect of different types of loans on bank efficiency scores.

The purpose of this paper is to improve the accuracy of evaluation efficiency by constructing parallel structures considering the main components of industrial pollutants, and then to consider some external influence factors to eliminate random errors.

In this paper, data transformation has been used to deal with undesirable output, and a model with a parallel structure based on the three-stage data envelopment analysis model to calculate the efficiency scores of different division in pollution treatment has been composed.

The analysis shows that the external environmental factors and random factors of the economy and society greatly affect the efficiency of industrial pollutant treatment; moreover, there is an imbalance between regions in China in the treatment of industrial pollutants.

Optimal improvement requires each province to take targeted measures to improve its efficiency of pollutant treatment measures, which are tailored to specific situations and determined by efficiency analysis in this paper.

The purpose of this paper is to study where to place industrial solid waste treatment centers among the 16 prefecture-level cities under its jurisdiction.

This paper adopts the cross-efficiency data envelopment analysis (DEA) model, with the industrial land price and average annual salary per capita as inputs, while coverage, total transportation distance, number of industrial enterprises and total amount of industrial solid waste are used as outputs.

Based on the spatial efficiency scores calculated by using the new presented models, the authors find that the most efficient construction site are Chizhou, Chuzhou, Suzhou and Bengbu. That is quite different from the results obtained by using traditional approach.

This paper evaluates the spatial efficiency by using combinations of the four locations as the decision-making units of the DEA model, which could be used as an objective way to allocate limited resource. In addition to the resource allocation of the industrial solid waste treatment center, the method in this paper can also be applied to other spatial aspects of resource allocation.

The purpose of this study is to evaluate the operational efficiency of 23 four‐ and five‐plum international tourist hotels (ITHs) in Taipei in 2006, paying attention to efficiency improvement using a non‐radial data envelopment analysis (DEA) model.

A non‐radial DEA model is proposed to improve the efficiency of inefficient hotels focusing on the output side by allowing for non‐proportional reductions in each positive input or augmentations in each positive output. The model considers four inputs (total number of rooms, total number of employees, food and beverage (F&B) capacity, and total operating cost) and three outputs (guest room revenues, F&B revenues, and other revenues); variable returns to scale are assumed.

The empirical results show that the radial and non‐radial DEA models provide not only different performance measurements for the corresponding hotels but also different benchmarks from different angles for improving efficiency.

Hoteliers or other service providers should find this alternative DEA model helpful and more flexible in re‐examining their resource utilization and possibly reshuffling their resource pool.

Unlike traditional DEA studies, which focus on measuring efficiency while ignoring differences among input or output variables, this study pays attention to efficiency improvement by considering changes in output with non‐proportional augmentations to improve efficiency.

The spatial feature is important for scene saliency detection. Scene-based visual saliency detection methods fail to incorporate 3D scene spatial aspects. This paper aims to propose a cube-based method to improve saliency detection through integrating visual and spatial features in 3D scenes.

In the presented approach, a multiscale cube pyramid is used to organize the 3D image scene and mesh model. Each 3D cube in this pyramid represents a space unit similar to a pixel in the image saliency model multiscale image pyramid. In each 3D cube color, intensity and orientation features are extracted from the image and a quantitative concave–convex descriptor is extracted from the 3D space. A Gaussian filter is then used on this pyramid of cubes with an extended center-surround difference introduced to compute the cube-based 3D scene saliency.

The precision-recall rate and receiver operating characteristic curve is used to evaluate the method and other state-of-art methods. The results show that the method used is better than traditional image-based methods, especially for 3D scenes.

This paper presents a method that improves the image-based visual saliency model.

The paper aims to investigate the determinants of China’s daily intervention in the foreign exchange market since the 2005 reform aimed at moving the Renminbi (RMB) exchange rate regime towards greater flexibility.

The paper uses bivariate probit models to test whether China’s intervention decision is driven by three sets of factors, comprising Model I (basic model), Model II and Model III.

Evidence from the models suggests that medium-term Chinese interventions tend to be leaning-against-the-wind, whereas long-term interventions are leaning-with-the-wind. Furthermore, by analyzing exchange rate volatility, this paper finds that intervention is used by the Chinese central bank to ensure that there are no big swings in the RMB exchange rate.

The paper will be of value to other researchers attempting to understand the policy of the central bank and, in particular, the factors that can lead to interventions during periods of financial crisis.