Productive efficiency of the Spanish regional public firms: The case of the philharmonic orchestras
AbstractThe aim of this research is to determine the measurement of the technical efficiency of Spanish regional public firms that are oriented to the provision of public services. This study represents an innovative contribution because the analysis of the efficiency of this type of firms is a subject scarcely explored. After reviewing the limitations and restrictions that public firms bear as singular organizations: lack of market competition, existence of complex organizational objectives, existence of hardly quantifiable and multidimensional output and missing market prices, it appears appropriate the use of the production frontier analysis, specially the non-parametric technique, because it allows us to surpass the limitations and restrictions that characterize the service-oriented public firms. Lastly, it is measured the technical efficiency in the case of the particular Spanish regional public firms: the symphony orchestras.
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Bibliographic InfoArticle provided by Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela in its journal Economía.
Volume (Year): 34 (2009)
Issue (Month): 27 (January-june)
Contact details of provider:
Postal: Facultad de Ciencias Económicas y Sociales. Instituto de Investigaciones Económicas y Sociales. Campus Universitario Liria, Edificio G, Tercer Nivel. Mérida 5101, Estado Mérida, Venezuela
Phone: +58 74 401111 ext. 1081
Fax: +58 74 401120
Web page: http://iies.faces.ula.ve/
More information through EDIRC
Regional public firm; stochastic production frontier; data envelopment analysis.;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
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