The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit technical efficiency...

The National Development Plan in South Africa aims to combat inequality. The Department of Higher Education and Training has identified goals for public universities not only to improve knowledge creation, transmission, and exchange but also equity. This paper analyzes the degree to which...

The National Development Plan in South Africa aims to combat inequality. The Department of Higher Education and Training has identified goals for public universities not only to improve knowledge creation, transmission, and exchange but also equity. This paper analyzes the degree to which...

In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar andWilson (2008). We assess the finite sample performance...