Dynamic efficiency measurement: Theory and application

• Tipo: Artigo em Revista Científica Internacional
• Data: 2007

Autores

Elvira Silva (Autor) FEP; Spiro E. Stefanou (Autor) Outra

Revista

Título: American Journal of Agricultural Economics

Vol. 89 Nº 2

Páginas: 398-419

ISSN: 0002-9092

Editora: Wiley-Blackwell

Indexação

ISI Web of Knowledge - 80 Citações

Scopus - 86 Citações

Classificação Científica

FOS: Ciências sociais

Outras Informações

ID Authenticus: P-004-A5V

DOI: 10.1111/j.1467-8276.2007.00999.x

Abstract (EN): Nonparametric dynamic measures of production efficiency are developed in the context of an adjustment-cost technology and intertemporal cost minimization. Bounds on each efficiency measure are derived for each firm using a nonparametric revealed preference approach. Long-run efficiency measures indicate the relative efficiency of both variable and dynamic factors while short-run measures of efficiency indicate whether variable inputs are employed efficiently in the production process. The efficiency measures are temporal in nature by describing the degree of efficiency of the firm at a particular point along its adjustment path. The empirical implementation is illustrated for a balanced panel of Pennsylvania dairy operators during 1986-1992.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 22