Finding Common Ground: Efficiency Indices
AbstractThe last two decades have witnessed a revival in interest in the measurement of productive efficiency pioneered by (1957) and (1951). 1978 was a watershed year in this revival with the christening of DEA by (1978) and the critique of Farrell technical efficiency in terms of axiomatic production and index number theory in Fare and (1978). These papers have inspired many others to apply these methods and to add to the debate on how best to define technical efficiency.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 28004.
Date of creation: Jan 2002
Date of revision: Jan 2005
Efficiency Measurement; Russell Efficiency; Farrell Efficiency;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
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- Robert Russell, R., 1990. "Continuity of measures of technical efficiency," Journal of Economic Theory, Elsevier, vol. 51(2), pages 255-267, August.
- Kopp, Raymond J., 1981. "Measuring the technical efficiency of production: A comment," Journal of Economic Theory, Elsevier, vol. 25(3), pages 450-452, December.
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- Fare, Rolf & Knox Lovell, C. A., 1978. "Measuring the technical efficiency of production," Journal of Economic Theory, Elsevier, vol. 19(1), pages 150-162, October.
- Thijs Raa, 2008.
"Debreu’s coefficient of resource utilization, the Solow residual, and TFP: the connection by Leontief preferences,"
Journal of Productivity Analysis,
Springer, vol. 30(3), pages 191-199, December.
- Thijs ten Raa, 2003. "Debreu?s Coefficient of Resource Utilization, the Solow Residual, and TFP: The Connection by Leontief Preferences," ERSA conference papers ersa03p9, European Regional Science Association.
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