The DOI matches its Crossref record; 22 of the 22 references it cites were found in a registry or an index.
The Measurement of Productive Efficiency: A Reconsideration
Abstract
The purpose of this paper is to generalize the Farrell indexes of productive efficiency to nonhomothetic production technologies, and at the same time maintain the cost interpretation of the Farrell measures. Since the generalized indexes rely heavily on recent developments in the estimation of frontier cost and production functions, several frontier models are reviewed. In addition to generalized indexes of technical, allocative, and overall productive efficiency, a variety of single-factor efficiency measures are discussed. The applicability of the proposed efficiency measures is illustrated with a numerical example of electric power generation.
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Cites
The Measurement of Productive Efficiency
Farrell, M. J. (1957) · Journal of the Royal Statistical Society. Series A (General) · doi:10.2307/2343100 · Cited by 16,038
Formulation and estimation of stochastic frontier production function models
Aigner, D., Lovell, C. A. K., & Schmidt, P. (1977) · Journal of Econometrics · doi:10.1016/0304-4076(77)90052-5 · Cited by 10,135
Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error
Meeusen, W., & van Den Broeck, J. (1977) · International Economic Review · doi:10.2307/2525757 · Cited by 6,247
Allocative efficiency vs. X-Efficiency
Leibenstein, H. (1966) · American Economic Review · Cited by 2,709
Efficiency Estimation of Production Functions
Afriat, S. N. (1972) · International Economic Review · doi:10.2307/2525845 · Cited by 1,241
Measuring the technical efficiency of production
Färe, R., & Knox Lovell, C. A. (1978) · Journal of Economic Theory · doi:10.1016/0022-0531(78)90060-1 · Cited by 1,168
A survey of frontier production functions and of their relationship to efficiency measurement
Førsund, F. R., Lovell, C. A. K., & Schmidt, P. (1980) · Journal of Econometrics · doi:10.1016/0304-4076(80)90040-8 · Cited by 956
Maximum likelihood estimation of econometric frontier functions
Greene, W. H. (1980) · Journal of Econometrics · doi:10.1016/0304-4076(80)90041-x · Cited by 704
Schmidt, P., & Knox Lovell, C. A. (1979) · Journal of Econometrics · doi:10.1016/0304-4076(79)90078-2 · Cited by 553
Using a Probabilistic Frontier Production Function to Measure Technical Efficiency
Timmer, C. P. (1971) · Journal of Political Economy · doi:10.1086/259787 · Cited by 507
Cited by
Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis
Banker, R. D., Charnes, A., & Cooper, W. W. (1984) · Management Science · doi:10.1287/mnsc.30.9.1078 · Cited by 16,729
Battese, G. (1992) · Agricultural Economics · doi:10.1016/0169-5150(92)90049-5 · Cited by 670
Reinhard, S., Lovell, C. A. K., & Thijssen, G. (1999) · American Journal of Agricultural Economics · doi:10.2307/1244449 · Cited by 549
Economic Efficiency and Frontier Techniques
Murillo‐Zamorano, L. R. (2004) · Journal of Economic Surveys · doi:10.1111/j.1467-6419.2004.00215.x · Cited by 465
Gong, B.-H., & Sickles, R. C. (1992) · Journal of Econometrics · doi:10.1016/0304-4076(92)90038-s · Cited by 279
Metadata
- Authors
- Kopp, R. J.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1981-08
- Volume
- 96
- Issue
- 3
- Pages
- 477
- ISSN
- 0033-5533 (ISSN-L)
- OpenAlex
- W2044425047
- Cited by
- 271
- References
- 22
- FWCI
- 10.40
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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