Showing 1 - 10 of 10
This paper develops primal and dual versions of the dynamic Luenberger productivity growth measures that are based on the dynamic directional distance function and intertemporal cost minimization, respectively. The empirical application focuses on panel data of Dutch dairy farms over the period...
Persistent link: https://www.econbiz.de/10011077618
Estimation of efficiency of firms in a non-competitive market characterized by heterogeneous inputs and outputs along with their varying prices is questionable when factor-based technology sets are used in data envelopment analysis (DEA). In this scenario, a value-based technology becomes an...
Persistent link: https://www.econbiz.de/10010776931
Economic activity produces not only desirable outputs but also undesirable outputs. Undesirable outputs are usually omitted from efficiency assessments (i.e., applications of Data Envelopment Analysis) which fail to express the true production process. The directional distance function model has...
Persistent link: https://www.econbiz.de/10010785307
As a measure of overall technical inefficiency, the Directional Distance Function (DDF) introduced by Chambers, Chung, and Färe ties the potential output expansion and input contraction together through a single parameter. By duality, the DDF is related to a measure of profit inefficiency,...
Persistent link: https://www.econbiz.de/10011052699
This paper, by using conditional directional distance functions as introduced by Simar and Vanhems [J. Econometrics 166 (2012) 342–354] modifies the model by Färe and Grosskopf [Eur. J. Operat. Res. 157 (2004) 242–245] and examines the link between regional environmental efficiency and...
Persistent link: https://www.econbiz.de/10011052783
This article studies the role of social capital on cotton production efficiency and productivity for a sample of small farms in Maharashtra, India using data envelopment analysis. Input shadow prices are computed as an indicator of the importance of social capital relative to other inputs....
Persistent link: https://www.econbiz.de/10010939768
The paper contributes to the contemporary research on bank efficiency in India. We analyze the efficiency dynamics of the Indian banking industry from 2004 to 2012. Based on the recent methodological developments of the conditional and unconditional directional distances introduced by Daraio and...
Persistent link: https://www.econbiz.de/10010939787
This paper presents a non-radial directional distance function approach to modeling energy and CO2emission performance in electricity generation from the production efficiency point of view. We first define and construct the environmental production technologies for the countries with and...
Persistent link: https://www.econbiz.de/10010597623
An efficiency indicator of industry configuration (allowing for entry/exit of firms) is presented which accounts for four sources components: (1) size inefficiencies arising from firms which can be conveniently split into smaller units; (2) efficiency gains realized through merger of firms; (3)...
Persistent link: https://www.econbiz.de/10010679133
Apart from the well-known weaknesses of the standard Malmquist productivity index related to infeasibility and not accounting for slacks, already addressed in the literature, we identify a new and significant drawback of the Malmquist–Luenberger index decomposition that questions its validity...
Persistent link: https://www.econbiz.de/10010666131