Product mixes as objects of choice in nonparametric efficiency measurement
Laurens Cherchye and
Tom Vanpuyenbroeck
Public Economics Working Paper Series from Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics
Abstract:
Non-radial measures of technical efficiency essentially differ from their radial counterparts in that the product mix of the efficient reference is allowed to be different from the product mix of the evaluated observation. Whereas existing non-radial measures are still based on the product mix of the evaluated, i.e. possibly inefficient observation, we change the perspective and propose a measure based on the mix properties of the efficient reference. The resulting `inverse' measure can be considered as complementary to the Färe-Lovell (or "Russell") efficiency measure.
Keywords: Data Envelopment Analysis; Non-radial efficiency measures; Product mix benchmarking (search for similar items in EconPapers)
Pages: 20 pp.
Date: 1999
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Citations: View citations in EconPapers (2)
Published in European Journal of Operational Research (2001)
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Related works:
Journal Article: Product mixes as objects of choice in non-parametric efficiency measurement (2001) 
Working Paper: Product Mixes as Objects of Choice in Nonparametric Efficiency Measurement (1999) 
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