𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Indicators and indexes of directional output loss and input allocative inefficiency

✍ Scribed by Hirofumi Fukuyama; William L. Weber

Book ID
102500855
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
163 KB
Volume
29
Category
Article
ISSN
0143-6570

No coin nor oath required. For personal study only.

✦ Synopsis

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 and sufficient condition for equivalence between the two indicators. We also present an output loss index and corresponding input allocative inefficiency index and consider how indexes are related. Then we extend our analysis to productivity change and derive the necessary and sufficient condition for an output loss change indicator to be equivalent to an indicator of input allocative inefficiency change. Copyright Β© 2008 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

Estimation of output loss from allocativ
Estimation of output loss from allocative inefficiency: A comparison of the Soviet Union and the U.S.
✍ Humberto Barreto; Robert S. Whitesell πŸ“‚ Article πŸ“… 1992 πŸ› Springer US 🌐 English βš– 873 KB

This paper presents two different estimates of the output loss resulting from allocative inefficiency in the Soviet Union and the United States. Surprisingly, the evidence from our examination of nine industrial sectors during the period 1960-1984 shows only small differences in measured allocative