Showing 1 - 10 of 60
The last two decades have witnessed a revival in interest in the measurement of productive efficiency pioneered by (1957) and (1951). 1978 was a watershed year in this revival with the christening of DEA by (1978) and the critique of Farrell technical efficiency in terms of axiomatic production...
Persistent link: https://www.econbiz.de/10015225163
Persistent link: https://www.econbiz.de/10011166761
This paper proposes a trade restrictiveness indicator that explicitly incorporates environmental externalities. The index employs directional distance functions and use indicators (i.e. differences rather than ratios) modified to account for and evaluate efficiency changes in the face of...
Persistent link: https://www.econbiz.de/10010882388
This paper develops a slack-based decomposition of profit efficiency based on a direc- tional distance function. It complements Cooper, Pastor, Aparicio and Borras (2011).
Persistent link: https://www.econbiz.de/10011007160
This paper starts with the basic premise that the conventional measures of productivity growth, which ignore joint production of good and bad outputs, are biased. We then construct an alternative productivity growth measure using activity analysis. An application to U.S. agriculture demonstrates...
Persistent link: https://www.econbiz.de/10005339037
The last two decades have witnessed a revival in interest in the measurement of productive efficiency pioneered by (1957) and (1951). 1978 was a watershed year in this revival with the christening of DEA by (1978) and the critique of Farrell technical efficiency in terms of axiomatic production...
Persistent link: https://www.econbiz.de/10008805835
In this paper we show that in order to aggregate individual efficiency scores into a group (e.g., industry) efficiency score, in such a way that the multiplicative structure of further decompositions is preserved with equal weights across components, the weighted geometric mean is required. We...
Persistent link: https://www.econbiz.de/10015225164
In this paper we propose new aggregate or ‘group’ primal and dual scale elasticity measures of an economic system (e.g., industry consisting of several firms, etc.). The main contribution of the paper is that we show under what assumptions a formal relationship between these new aggregate...
Persistent link: https://www.econbiz.de/10015225189
We discuss how to measure allocative efficiency without presuming technical efficiency. This is relevant when it is easier to introduce reallocations than improvements of technical efficiency. We compare the approach to the traditional one of assuming technical efficiency before measuring...
Persistent link: https://www.econbiz.de/10005477255
Persistent link: https://www.econbiz.de/10005480855