A graph-type extension of Farrell technical efficiency measure
Walter Briec ()
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Walter Briec: UPVD - Université de Perpignan Via Domitia
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Abstract:
We have two goals we wish to accomplish in this article. The first is the development of a framework for measuring efficiency in the full input–output space. This approach introduces a graph-type extension of the Farrell measure of technical efficiency. The second is the introduction of a weighting scheme for inputs and outputs, taking account of the particularity of the market summarized by input and output prices.
Date: 1997-03
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Published in Journal of Productivity Analysis, 1997, 8 (1), pp.95-110
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05623307
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