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The Measurement of Productive Efficiency: Techniques and Applications

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The Measurement of Productive Efficiency: Techniques and Applications - Fried, Harold O (Editor), and Schmidt, Shelton S (Editor), and Lovell, C A Knox (Editor)
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This work focuses on measuring and explaining producer performance. The authors view performance as a function of the state of technology and economic efficiency, with the former defining a frontier relation between inputs and outputs; the former incorporating waste and misallocation relative to this frontier. They show that insights can be gained by allowing for the possibility of a divergence between the economic objective and actual performance, and by associating this inefficiency with causal variables subject to ...

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The Measurement of Productive Efficiency: Techniques and Applications 1993, Oxford University Press, USA, New York, NY

ISBN-13: 9780195072181

Hardcover