In this paper we use the 2004-05 Annual Survey of Industries data to estimate the levels of cost efficiency of Indian manufacturing in the various states and also get state level measures of industrial organization (IO) efficiency. The empirical results show the presence of considerable cost...

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...

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 introduce technical efficiency via the intercept that evolve over time as a AR(1) process in a stochastic frontier (SF) framework in a panel data framework. Following are the distinguishing features of the model. First, the model is dynamic in nature. Second, it can separate...

This paper uses Data Envelopment Analysis to examine changes in levels of technical efficiency over time in China's state-owned enterprises (SOEs) during 1980-1989. Our paper adds to the growing body of literature in this area by obtaining measures of technical efficiency of individual SOEs over...

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...

This paper develops a nonparametric method of obtaining the minimum of the long run average cost curve of a firm to define its capacity output. This provides a benchmark for measuring of capacity utilization at the observed output level of the firm. In the case of long run constant returns to...

Lovell and Rouse (LR) have recently proposed a modification of the standard DEA model that overcomes the infeasibility problem often encountered in computing super-efficiency. In the LR procedure one appropriately scales up the observed input vector (scale down the output vector) of the relevant...