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Finding Common Ground: Efficiency Indices

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  • Fare, Rolf
  • Grosskopf, Shawna
  • Zelenyuk, Valentin

Abstract

The 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 Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28004.

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Date of creation: Jan 2002
Date of revision: Jan 2005
Handle: RePEc:pra:mprapa:28004

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Related research

Keywords: Efficiency Measurement; Russell Efficiency; Farrell Efficiency;

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References

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  1. 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.
  2. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
  3. Robert Russell, R., 1990. "Continuity of measures of technical efficiency," Journal of Economic Theory, Elsevier, vol. 51(2), pages 255-267, August.
  4. Charnes, A. & Cooper, W. W. & Golany, B. & Seiford, L. & Stutz, J., 1985. "Foundations of data envelopment analysis for Pareto-Koopmans efficient empirical production functions," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 91-107.
  5. Kopp, Raymond J., 1981. "Measuring the technical efficiency of production: A comment," Journal of Economic Theory, Elsevier, vol. 25(3), pages 450-452, December.
  6. Robert G. Chambers & Rolf Färe, 1998. "Translation homotheticity," Economic Theory, Springer, vol. 11(3), pages 629-641.
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Cited by:
  1. 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.

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