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The Measurement of Dynamic Productive Efficiency

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  • Sengupta, Jati K

Abstract

Measuring dynamic productive efficiency from observed input-output data raises several new issues which are absent in the static production frontier studies. The adjustment cost approach is developed here as an interface between the static and the dynamic frontier studies, and the non-parametric method of Farrell developed for static efficiency is extended for the specification of a dynamic production frontier. Copyright 1999 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • Sengupta, Jati K, 1999. "The Measurement of Dynamic Productive Efficiency," Bulletin of Economic Research, Wiley Blackwell, vol. 51(2), pages 111-124, April.
  • Handle: RePEc:bla:buecrs:v:51:y:1999:i:2:p:111-24
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    Cited by:

    1. Zhang, Jie & Quigley, Neil & Evans, Lewis, 2000. "An Essay on the Concept of Dynamic Efficiency and its Implications for Assessments of the Benefits from Regulation and Price Control," Working Paper Series 3911, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    2. Sengupta, Jati K., 2000. "Quality and efficiency," Economic Modelling, Elsevier, vol. 17(2), pages 195-207, April.
    3. Bischoff, Ivo, 2002. "Efficiency-Enhancing Effects Of Private And Collective Enterprises In Transitional China," Discussion Papers 26467, University of Giessen, Center for International Development and Environmental Research.
    4. Jean Joseph Minviel & Timo Sipiläinen, 2018. "Dynamic stochastic analysis of the farm subsidy-efficiency link: evidence from France," Journal of Productivity Analysis, Springer, vol. 50(1), pages 41-54, October.
    5. Luis R. Murillo‐Zamorano, 2004. "Economic Efficiency and Frontier Techniques," Journal of Economic Surveys, Wiley Blackwell, vol. 18(1), pages 33-77, February.
    6. Zhang, Jie & Quigley, Neil & Evans, Lewis, 2000. "An Essay on the Concept of Dynamic Efficiency and its Implications for Assessments of the Benefits from Regulation and Price Control," Working Paper Series 19010, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    7. Jati Sengupta, 1999. "Efficiency measurements with R&D inputs and learning by doing," Applied Economics Letters, Taylor & Francis Journals, vol. 6(10), pages 629-632.
    8. repec:vuw:vuwscr:19010 is not listed on IDEAS

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