EFFICIENCY OF A FIXED BUT ALLOCATABLE INPUT - A NONPARAMETRIC APPROACH

Citation
R. Fare et al., EFFICIENCY OF A FIXED BUT ALLOCATABLE INPUT - A NONPARAMETRIC APPROACH, Economics letters, 56(2), 1997, pp. 187-193
Citations number
5
Journal title
ISSN journal
01651765
Volume
56
Issue
2
Year of publication
1997
Pages
187 - 193
Database
ISI
SICI code
0165-1765(1997)56:2<187:EOAFBA>2.0.ZU;2-9
Abstract
The traditional non-parametric or DEA models measure efficiency for gi ven inputs and outputs without allowing for reallocation of inputs. Th ese models do not look inside the technology but rather treat it as a 'black box'. In this paper, we open up the box by modeling the possibi lity of reallocation of a fixed input. (C) 1997 Elsevier Science S.A.