Hyperbolic efficiency and return to the dollar

被引：52

作者：

Färe, R ^{[1
]}

Grosskopf, S

Zaim, O

机构：

[1] Oregon State Univ, Dept Econ, Corvallis, OR 97331 USA

[2] Oregon State Univ, Dept Agr Econ, Corvallis, OR 97331 USA

[3] Bilkent Univ, Dept Econ, TR-06533 Bilkent, Ankara, Turkey

来源：

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH | 2002年 / 136卷 / 03期

关键词：

technical efficiency; return to the dollar;

D O I：

10.1016/S0377-2217(01)00022-4

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This paper, after establishing the relations between hyperbolic graph measure of technical efficiency and the radial measures of technical efficiency, shows that the dual, cost and revenue interpretation of the hyperbolic efficiency measure is related to Georgescu-Roegen's notion of "return to the dollar" [N. Georgescu-Roegen, in: Koopmans, T. (Ed.), Activity Analysis of Production and Allocation, Wiley, New York, 1951, pp. 98-115]. Once this relation is established, it leads to a derivation of an allocative efficiency index, which measures the price distortions using data on observed costs and revenues without requiring information on prices. (C) 2002 Elsevier Science B.V. All rights reserved.

引用

页码：671 / 679

页数：9

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