Measurement of Dynamic Efficiency: A Directional Distance Function Parametric Approach

Measurement of dynamic efficiency, a directional distance function parametric approach

This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic...

cef.up working paper 2013-07 DYNAMIC EFFICIENCY MEASUREMENT: A DIRECTIONAL DISTANCE FUNCTION APPROACH

Dynamic Efficiency Analysis using a Directional Distance Function

Cost, revenue and profit efficiency measurement in DEA: A directional distance function approach

Estimation of efficiency of firms in a non-competitive market characterized by heterogeneous inputs and outputs along with their varying prices is questionable when factor-based technology sets are used in data envelopment analysis (DEA). In this scenario, a value-based technology becomes an appropriate reference technology against which efficiency can be assessed. In this contribution, the val...

Measurement of prot inefficiency in presence of interval data using the directional distance function

In many applied programs in real-life problems, both physical inputs and outputsare heterogeneous which in this case the ecient cost and income modelcan not apply to evaluate the cost and income of related turnover. So, a measurementbased on the directional value of prot was presented which we havedeveloped it in this paper and have computed it for interval data. In fact, wehave measured the in...