Measuring the Effects of Price Environment: An Application to U.S. Industries
Jean-Philippe Boussemart,
Hervé Leleu,
Raluca Parvulescu and
Karina Shitikova
Revue d'économie politique, 2019, vol. 129, issue 1, 79-104
Abstract:
Our study proposes a methodology for emphasizing price environment in a nonparametric setting. Compared to traditional allocative efficiency, our measure does not require resources reallocation at the firm level. Moreover, it supposes a comparison of prices among peers. Total price effect is obtained by calculating the ratio between technical efficiency scores obtained with quantity-based data and value efficiency scores obtained with value-based data. This methodology can be extended in order to obtain output- and input-specific price effects. An application is proposed to study price environments for U.S. industries over the period 1987-2014. Classification JEL: D24; C33; E32
Keywords: data analysis envelopment; price effects; technical efficiency; value efficiency; U.S. industries (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=REDP_291_0079 (application/pdf)
http://www.cairn.info/revue-d-economie-politique-2019-1-page-79.htm (text/html)
free
Related works:
Working Paper: Measuring the Effects of Price Environment: An Application to U.S. Industries (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cai:repdal:redp_291_0079
Access Statistics for this article
More articles in Revue d'économie politique from Dalloz
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().