Dynamic Systems

Chiang Kao
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Chiang Kao: National Cheng Kung University

Chapter Chapter 17 in Network Data Envelopment Analysis, 2017, pp 409-431 from Springer

Abstract: Abstract The efficiency measurements discussed thus far focus on static models, which either assume that the inputs are fully used for producing outputs in the specified period of time, or assume steady-state production, where capital or other quasi-fixed inputs are fixed. There is thus no time interdependence between the input utilization and output realization for a production unit in consecutive time periods, and these models do not differentiate capital inputs from variable inputs. In reality, however, quasi-fixed factors can change in the medium- and long-run, which introduces an intertemporal effect with regard to inputs. In order to capture the effects caused by changes in the quasi-fixed factors, a dynamic analysis is necessary.

Keywords: Planning Horizon; Undesirable Output; Technical Inefficiency; Directional Distance Function; Linear Fractional Program (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/978-3-319-31718-2_17

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