Abstract
The last two decades have witnessed a revival in interest in the measurement of productive efficiency pioneered by (1957) and (1951). 1978 was a watershed year in this revival with the christening of DEA by (1978) and the critique of Farrell technical efficiency in terms of axiomatic production and index number theory in Fare and (1978). These papers have inspired many others to apply these methods and to add to the debate on how best to define technical efficiency.
We would like to thank W. W. Cooper, D. Primont, R. R. Russell, R. M. Thrall and a referee for their comments. We also thank Pavlo Kostromytskyi and Lisa Duke for the technical support in preparation of the paper.
Access provided by Autonomous University of Puebla. Download to read the full chapter text
Chapter PDF
Similar content being viewed by others
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
References
Chambers, R.G., and R. Färe, “Translation Homotheticity,” Economic Theory 11 (1998), 629–64.
Charnes, A., W.W. Cooper, B. Golany, L. Seiford and J. Stutz, “Foundations of Data Envelopment Analysis for Pareto-Koopmans Efficient Empirical Production Functions,” Journal of Econometrics 30(12) (1985), 9–07.
Charnes, A., W.W. Cooper and E. Rhodes, “Measuring the Efficiency of Decision-making Units,” European Journal of Operational Research 2(6) (1978), 429–444.
Debreu, G., “The Coefficient of Resource Utilization,” Econometrica 19 (1951), 273–292.
Fare, R. and C.A.K. Lovell, “Measuring Technical Efficiency of Production,” Journal of Economic Theory 19 (1978), 150–62.
Fare, R. and D. Primont, Multi-Output Production and Duality: Theory and Applications, Kluwer Academic Publishers: Boston, 1995.
Farrell, M., “The Measurement of Productive Efficiency,” Journal of the Royal Statistical Society, Series A, General, 120, Part 3 253–28, 1957.
Kopp, R., “Measuring the Technical Efficiency of Production: A Comment,” Journal of Economic Theory 25 (1981), 450–452.
Luenberger, D.G., “New Optimaiity Principles for Economic Efficiency and Equilibrium,” Journal of Optimization Theory and Applications, 75 (1992), 22–264.
Russell, R.R., “Measuring of Technical Efficiency,” Journal of Economic Theory 35 (1985), 1109–26.
Russell, R.R., “On the Axiomatic Approach to the Measurement of Technical Efficiency,” in W. Eichhhorn, ed. Measurement in Economics: Theory and Applications of Economic Indices, Heidelberg: Physica Verlag, 207–27, 1987.
Russell, R.R., “Continuity of Measures of Technical Efficiency,” Journal of Economic Theory 51 (1990), 255–267.
Shephard, R. W., Cost and Production Functions, Princeton University Press: Princeton, 1953.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2007 Springer Science+Business Media, LLC
About this chapter
Cite this chapter
Färe, R., Grosskopf, S., Zelenyuk, V. (2007). Finding Common Ground: Efficiency Indices. In: Färe, R., Grosskopf, S., Primont, D. (eds) Aggregation, Efficiency, and Measurement. Studies in Productivity and Efficiency. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-47677-3_5
Download citation
DOI: https://doi.org/10.1007/978-0-387-47677-3_5
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-387-36948-8
Online ISBN: 978-0-387-47677-3
eBook Packages: Business and EconomicsEconomics and Finance (R0)