Efficiency measurement with multiple outputs and multiple inputs

Journal of Productivity Analysis

Volumn 7, Issue 2-3, 1996, Pages 225-255

  Kumbhakar, Subal C ^a  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

Author keywords

Cost minimization; Cross sectional and panel data; Input and output technical inefficiencies; Primal and dual approaches; Profit maximization

Indexed keywords

EID: 21344457879     PISSN: 0895562X     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF00157043     Document Type: Article

References (24)

1. Aigner, D., C.A.K. Lovell, and P. Schmidt. (1977). "Formulation and Estimation of Stochastic Frontier Production Function Models." Journal of Econometrics 621-37.
2. Ali, M. and J.C. Flinn. (1989). "Profit Efficiency Among Basmati Rice Producers in Pakistan Punjab." American Journal of Agricultural Economics 71, 303-310.
3. Atkinson, S.E. and C. Cornwell. (1994). "Parametric Estimation of Technical and Allocative Inefficiency with Panel Data." International Economic Review 35, 231-243.
4. Atkinson, S.E. and R. Halvorsen. (1990). "Tests of Allocative Efficiency in Regulated Multi-Product Firms." Resources and Energy 12, 65-77.
5. Atkinson, S. and R. Halvorsen. (1984). "Parametric Efficiency Tests, Economies of Scale, and Input Demand in U.S. Electric Power Generation. International Economic Review 25, 647-662.
6. Bauer, P.W. (1985). "An Approach for the Analysis of Multiproduct Technology and Efficiency using Panel Data." Unpublished Ph.D. Dissertation, Department of Economics, University of North Carolina, Chapel Hill, NC.
7. Bauer, P.W. and D. Hancock. (1993). "The Efficiency of Federal Reserve in Providing Check Processing Services." Journal of Banking and Finance 17, 287-311.
8. Berger, A.N., W.C. Hunter, and S.G. Timme. (1993). "The Efficiency of Financial Institutions: A Review and Preview of Research Past, Present, and Future." Journal of Banking and Finance 17, 221-249.
9. Caudill, S.B., J.M. Ford, and D.M. Gropper. (1995). "Frontier Estimation and Firm-Specific Inefficiency Measures in the Presence of Heteroscedasticity." Journal of Business & Economic Statistics 13, 105-111.
10. Cornwell, C., P. Schmidt, and R.C. Sickles. (1990). "Production Frontiers with Cross-Sectional and Time-Series Variation in Efficiency Levels." Journal of Econometrics 46, 185-200
11. Cummins, J.D. and M.A. Weiss. (1993). "Measuring Cost Efficiency in the Property-Liability Insurance Industry." Journal of Banking and Finance 17, 463-481.
12. Eakin, B.K. and T.J. Kniesner. (1988). "Estimating a Non-Minimum Cost Function for Hospitals." Southern Economic Journal 54, 583-597.
13. Färe, R. and D. Primont. (1995a). Multi-Output production and Duality: Theory and Applications. Boston: Kluwer Academic Publishers.
14. Färe, R. and D. Primont. (1995b). "The Opportunity Cost of Duality." This paper is included in the present volume (vol. 7) nos. 2/3 of Journal of Productivity Analysis.
15. Ferrier, G.D. and C.A.K. Lovell. (1990). "Measuring Cost Efficiency in Banking: Econometric and Linear Programming Evidence." Journal of Econometrics 46, 229-245.
16. Førsund, F. and L. Hjalmarsson. (1987). Analyses of Industrial Structure: A Putty-Clay Approach. Stockholm: The Industrial Institute for Economic and Social Research.
17. Hollas, D.R. and S.R. Stansell. (1988). "An Examination of the Effects of Ownership Form and Price Efficiency: Proprietary, Cooperative and Municipal Electric Utilities." Southern Economic Journal 55, 336-350.
18. Jondrow, J., C.A.K. Lovell, I.S. Materov, and P. Schmidt. (1982). "On the Estimation of Technical Inefficiency in Stochastic Frontier Production Function Model." Journal of Econometrics 19, 233-238.
19. Kumbhakar, S.C. (1987). "The Specification of Technical and Allocative Inefficiency in Stochastic Production and Profit Frontiers." Journal of Econometrics 34, 335-348.
20. Kumbhakar, S.C. (1991). "The Measurement and Decomposition of Cost-Inefficiency: The Translog Cost System." Oxford Economic Papers 43, 667-683.
21. Kumbhakar, S.C. and A. Bhattacharyya. (1992). "Price Distortions and Resource-Use Efficiency in Indian Agriculture: A Restricted Profit Function Approach." Review of Economics and Statistics 74, 231-239.
22. Kumbhakar, S.C. (1992). "Allocative Distortions, Technical Progress, and Input Demand in U.S. Airlines: 1970-1984. International Economic Review 33, 723-737.
23. Lau, L.J. (1972). "Profit Functions of Technologies with Multiple Inputs and Outputs." Review of Economics and Statistics 54, 281-289.
24. Lovell, C.A.K. and R.C. Sickles. (1983). "Testing Efficiency Hypothesis in Joint Production: A Parametric Approach." Review of Economics and Statistics 65, 51-58.