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The decomposition of cost efficiency and the canonical form of cost function and cost share equations

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  • Balk, Bert M.

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  • Balk, Bert M., 1997. "The decomposition of cost efficiency and the canonical form of cost function and cost share equations," Economics Letters, Elsevier, vol. 55(1), pages 45-51, August.
    • Handle: RePEc:eee:ecolet:v:55:y:1997:i:1:p:45-51
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    1. Atkinson, Scott E & Cornwell, Christopher, 1994. "Parametric Estimation of Technical and Allocative Inefficiency with Panel Data," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(1), pages 231-243, February.
    2. Zieschang, Kimberly D., 1983. "A note on the decomposition of cost efficiency into technical and allocative components," Journal of Econometrics, Elsevier, vol. 23(3), pages 401-405, December.
    3. Oum, Tae Hoon & Zhang, Yimin, 1995. "Competition and Allocative Efficiency: The Case of the U.S. Telephone Industry," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 82-96, February.
    4. Mensah, Yaw M., 1994. "A simplification of the Kopp--Diewert method of decomposing cost efficiency and some implications," Journal of Econometrics, Elsevier, vol. 60(1-2), pages 133-144.
    5. Kumbhakar, Subal C., 1997. "Modeling allocative inefficiency in a translog cost function and cost share equations: An exact relationship," Journal of Econometrics, Elsevier, vol. 76(1-2), pages 351-356.
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    Cited by:

    1. Revoredo-Giha, Cesar & Milne, Catherine E. & Leat, Philip M.K. & Cho, Woong Je, 2006. "Explaining Cost Efficiency of Scottish Farms: A Stochastic Frontier Analysis," Working Papers 46001, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.
    2. Tim Coelli & Gholamreza Hajargasht & C.A. Knox Lovell, 2008. "Econometric Estimation of an Input Distance Function in a System of Equations," CEPA Working Papers Series WP012008, School of Economics, University of Queensland, Australia.
    3. Kumbhakar, Subal C. & Karagiannis, Giannis, 2004. "On the equivalence of two normalizations in estimating shadow cost functions," Economics Letters, Elsevier, vol. 82(1), pages 15-19, January.
    4. Maietta, Ornella Wanda, 2002. "The effect of the normalisation of the shadow price vector on the cost function estimation," Economics Letters, Elsevier, vol. 77(3), pages 381-385, November.
    5. Bert Balk, 2003. "The Residual: On Monitoring and Benchmarking Firms, Industries, and Economies with Respect to Productivity," Journal of Productivity Analysis, Springer, vol. 20(1), pages 5-47, July.

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