A Graph-Type Extension of Farrell Technical Efficiency Measure

A Graph-Type Extension of Farrell Technical Efficiency Measure We have two goals we wish to accomplish in this article. The first is the development of a framework for measuring efficiency in the full input–output space. This approach introduces a graph-type extension of the Farrell measure of technical efficiency. The second is the introduction of a weighting scheme for inputs and outputs, taking account of the particularity of the market summarized by input and output prices. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Productivity Analysis springer_journal

A Graph-Type Extension of Farrell Technical Efficiency Measure

Journal of Productivity Analysis, Volume 8 (1) – Sep 29, 2004

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 1997 by Kluwer Academic Publishers
Subject
Economics; Microeconomics; Econometrics; Operation Research/Decision Theory; Accounting/Auditing
ISSN
0895-562X
eISSN
1573-0441
D.O.I.
10.1023/A:1007728515733
Publisher site
See Article on Publisher Site

Abstract

We have two goals we wish to accomplish in this article. The first is the development of a framework for measuring efficiency in the full input–output space. This approach introduces a graph-type extension of the Farrell measure of technical efficiency. The second is the introduction of a weighting scheme for inputs and outputs, taking account of the particularity of the market summarized by input and output prices.

Journal

Journal of Productivity Analysisspringer_journal

Published: Sep 29, 2004

References

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