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Comparing dynamic efficiency using a two-stage model

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  • Jati Sengupta

Abstract

Dynamic efficiency of firms involves both optimal investments over time and optimal operating costs in the short run. These two stages are separately but sequentially analysed to compare different firms in an industry using a Pareto optimality criterion.

Suggested Citation

  • Jati Sengupta, 2000. "Comparing dynamic efficiency using a two-stage model," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 521-523.
    • Handle: RePEc:taf:apeclt:v:7:y:2000:i:8:p:521-523
    DOI: 10.1080/13504850050033300
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    1. Jati Sengupta, 1994. "A model of dynamic efficiency measurement," Applied Economics Letters, Taylor & Francis Journals, vol. 1(7), pages 119-121.
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    Cited by:

    1. Luis R. Murillo‐Zamorano, 2004. "Economic Efficiency and Frontier Techniques," Journal of Economic Surveys, Wiley Blackwell, vol. 18(1), pages 33-77, February.
    2. Yen-Hsien Lee & Ya-Ling Huang & Shiuh-Sheng Hsu & Chien-Han Hung, 2013. "Measuring the Efficiency and the Effect of Corporate Governance on the Biotechnology and Medical Equipment Industries in Taiwan," International Journal of Economics and Financial Issues, Econjournals, vol. 3(3), pages 662-672.

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