Dynamic Efficiency Analysis using a Directional Distance Function
Alfons Oude Lansink () and
No 25771, 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia from International Association of Agricultural Economists
Input-based dynamic efficiency measures are derived from an adjustment-cost directional distance function approach. A dynamic input directional distance function can be generated from an adjustment-cost technology where the dynamics are explicitly incorporated in the form of the properties of the input requirement sets with respect to the quasi-fixed factors. The properties of the dynamic input directional distance function are inherited from the properties of the technology. The efficiency measures are then applied to a panel data set of Dutch horticulture firms over the period 1991-1995.
Keywords: Productivity; Analysis (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae06:25771
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