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A nonparametric method using dynamic data envelopment analysis is developed here to specify and estimate a dynamic production frontier. By this technique technological progress measured by the time shift of the production frontier and the scale economies measured by increasing returns to scale...
Persistent link: https://www.econbiz.de/10005282364
Three aspects of efficiency measurement by data envelopment analysis are discussed here analytically. These aspects comprise output-specific input allocations by each firm, flexibility in the production process and the role of learning by doing in efficiency improvement.
Persistent link: https://www.econbiz.de/10009205224
This article focuses on productivity transitions from low to high levels of efficiency over time in the framework of the Farrell efficiency model. This transition probability approach is applied in two empirical applications in order to test the persistence of Farrell efficiency over time. The...
Persistent link: https://www.econbiz.de/10009227770
Methods of estimating efficiency by cost frontiers are analysed here by generalizing the efficiency distribution approach in Farrell's convex hull method of cost minimization.
Persistent link: https://www.econbiz.de/10009228174