Semi-radial efficiency measurement combines technical efficiency, as captured by the classical Farrell measure, with an economically meaningful mix efficiency component. The semi-radial evaluation we propose proceeds in two steps. First, we build on the price interpretation of the generally...

The axiomatic literature on technical efficiency measurement has drawn attention to the indication problem of the Debreu-Farrell (DF) measure. We follow a shadow price approach to preserve the DF benchmark while reconciling it with the Koopmans efficiency characterization. First, we define a set...

It is common practice to summarise the macroeconomic performance of countries in terms of the four well-known dimensions captured by the magic diamond of the OECD. This paper provides a comparison of several synthetic indicators which merge the four separate indicators into one single statistic....

We provide a dual perspective on technical efficiency evaluation, in two respects. First, we build on the price assumptions implicitly associated with the notion of technical efficiency in a general equilibrium framework to characterize a set of appropriate references to be used in the technical...

The literature on non-parametric production analysis has formulated tests for profit maximizing behavior that do not require a parametric specification of technology. Negative test results have conventionally been interpreted as inefficiency, or have been attributed to data perturbations. In...

The duality between measures of economic and technical efficiency has been extensively studied in the productive efficiency analysis. This duality ensures a meaningful interpretation of technical efficiency as economic efficiency evaluated at the most favourable shadow prices. This paper...

We propose a non-parametric methodology to study the presence of economies of scope between teaching and research (i.e., the teaching-research nexus). In particular, the paper advocated a conditional version of the ‘benefit-of-the-doubt’ approach to estimate the relationship between the...

Teaching and research are widely regarded as the two key activities of academics. We propose a tailored version of the popular Data Envelopment Analysis methodology to evaluate the overall performance of university faculty. The methodology enables accounting for the potential presence of...

It is common practice to summarize the macroeconomic performance of countries in terms of the four well-known dimensions captured by the magic diamond of the OECD. This study provides a comparison of several synthetic indicators that merge the four separate indicators into one single statistic....