IDEAS home Printed from https://ideas.repec.org/a/cai/repdal/redp_291_0079.html
   My bibliography  Save this article

Measuring the Effects of Price Environment: An Application to U.S. Industries

Author

Listed:
  • Jean-Philippe Boussemart
  • Hervé Leleu
  • Raluca Parvulescu
  • Karina Shitikova

Abstract

Our study proposes a methodology for emphasizing price environment in a nonparametric setting. Compared to traditional allocative efficiency, our measure does not require resources reallocation at the firm level. Moreover, it supposes a comparison of prices among peers. Total price effect is obtained by calculating the ratio between technical efficiency scores obtained with quantity-based data and value efficiency scores obtained with value-based data. This methodology can be extended in order to obtain output- and input-specific price effects. An application is proposed to study price environments for U.S. industries over the period 1987-2014. Classification JEL: D24; C33; E32

Suggested Citation

  • Jean-Philippe Boussemart & Hervé Leleu & Raluca Parvulescu & Karina Shitikova, 2019. "Measuring the Effects of Price Environment: An Application to U.S. Industries," Revue d'économie politique, Dalloz, vol. 129(1), pages 79-104.
    • Handle: RePEc:cai:repdal:redp_291_0079
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=REDP_291_0079
    Download Restriction: free
    File URL: http://www.cairn.info/revue-d-economie-politique-2019-1-page-79.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    data analysis envelopment; price effects; technical efficiency; value efficiency; U.S. industries;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:repdal:redp_291_0079. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-politique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.