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Frontier Production Functions and Technical Efficiency Measures

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Author Info
 Kalirajan, K P
Shand, R T

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Abstract

The concept of technical efficiency is central to measuring the firm performance. The measurement of technical efficiency has proved difficult and complex, and the literature provides a range of methodologies. This paper reviews the various methodologies for measuring technical efficiency and offers a comparison between established methods of measurements. The discussion is literary with less mathematical jargons and equations. The objective of this paper is not to be exhaustive, but to be up-to-date and to provide a significant discussion on some of the core methods of measuring technical efficiency. Copyright 1999 by Blackwell Publishers Ltd

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Article provided by Blackwell Publishing in its journal Journal of Economic Surveys.

Volume (Year): 13 (1999)
Issue (Month): 2 (April)
Pages: 149-72
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Handle: RePEc:bla:jecsur:v:13:y:1999:i:2:p:149-72

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