𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Allocative inefficiency and measures of market power

✍ Scribed by John P. Formby; Stephen Layson


Book ID
112728213
Publisher
Springer US
Year
1982
Tongue
English
Weight
270 KB
Volume
10
Category
Article
ISSN
0197-4254

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## Abstract We extend Grosskopf __et al.__'s method and create an output loss indicator using directional output distance functions that allows non‐radial efficiency gains in output. We compare our new output loss indicator with an indicator of input allocative inefficiency and derive the necessary