The Measurement of Dynamic Productive Efficiency

Jati K Sengupta

Bulletin of Economic Research, 1999, vol. 51, issue 2, 111-24

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

Date: 1999
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