Allocative efficiency measurement revisited - Do we really need input prices?

被引：12

作者：

Badunenko, Oleg ^{[1
]}

Fritsch, Michael ^{[1
,2
,4
]}

Stephan, Andreas ^{[1
,3
]}

机构：

[1] DIW Berlin, German Inst Econ Res, D-10108 Berlin, Germany

[2] Univ Jena, D-07743 Jena, Germany

[3] Jonkoping Int Business Sch, Jonkoping, Sweden

[4] Max Planck Inst Econ, Jena, Germany

来源：

ECONOMIC MODELLING | 2008年 / 25卷 / 05期

关键词：

data envelopment analysis; allocative efficiency; frontier analysis; Monte-Carlo study; chemical industry;

D O I：

10.1016/j.econmod.2008.02.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The traditional approach to measuring allocative efficiency exploits input prices, which are rarely known at the firm level. This paper proves allocative efficiency can be measured as a profit-oriented distance to the frontier in a profit-technical efficiency space. This new approach does not require information on input prices. To validate the new approach, we perform a Monte-Carlo experiment providing evidence that the estimates of allocative efficiency employing the new and the traditional approach are highly correlated. Finally, as an illustration, we apply the new approach to a sample of about 900 enterprises form the chemical manufacturing industry in Germany. (C) 2008 Elsevier B.V. All rights reserved.

引用

页码：1093 / 1109

页数：17