Finding Common Ground: Efficiency Indices
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.
|Date of creation:||Jan 2002|
|Date of revision:||Jan 2005|
|Publication status:||Published in Aggregation, Efficiency, and Measurement (2007): pp. 83-95|
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- Kopp, Raymond J., 1981. "Measuring the technical efficiency of production: A comment," Journal of Economic Theory, Elsevier, vol. 25(3), pages 450-452, December.
- 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.
- 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.
- Robert Russell, R., 1990. "Continuity of measures of technical efficiency," Journal of Economic Theory, Elsevier, vol. 51(2), pages 255-267, August.
- 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.
- Robert G. Chambers & Rolf Färe, 1998. "Translation homotheticity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 11(3), pages 629-641.