This paper uses the nonparametric DEA methodology to estimate cost and profit efficiency of Indian banks during the post-reform period. The results show considerable variation in average levels of profit efficiency across various ownership categories of banks. In general, state owned banks are...

This paper analyzes state level data from the manufacturing sector in India for the period 1986-87 to 1999-00 to study the efficiency dynamics of a ‘typical’ firm in individual states during the pre- and post reform years. Using the non-parametric method of Data Envelopment Analysis we...

Theoretical issues related to rationing and dual pricing have assumed importance for many developing countries where rationing of certain critical commodities at subsidized prices coexists with conventional unrestricted markets for the same commodities. This paper attempts to extend and...

In this paper we propose a measure of the competitiveness index of one firm relative to another in the same industry. We also provide a decomposition procedure that relates the measured index of competitiveness to separate components capturing differences in cost efficiency, input prices, and...

Widely publicized reports of fresh MBAs getting multiple job offers with six-figure annual salaries leave a long-lasting general impression about the high quality of selected business schools. While such spectacular achievement in job placement rightly deserves recognition, one should not lose...

In this note we provide a derivation of the Leontief production function from the CES. Our derivation is in the same spirit as the derivation of the Cobb Douglas form.