On price efficiency

On price efficiency
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关于价格效率

DOI:
10.2307/2527170
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发表时间:
1990
影响因子:
1.5
通讯作者:
J. Nelson
J. Nelson
中科院分区:
经济学4区
文献类型:
--
作者:
R. Färe;S. Grosskopf;J. Nelson

文献摘要

被引文献

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在许多情况下,公司观察到的生产选择与市场价格下的利润最大化或成本最小化并不一致。这些公司通常被假设为最小化影子价格的成本。作者扩展了这种影子成本函数的方法,使企业特定的影子价格的识别。使用参考技术的分段线性表示,他们指定一个线性程序,并将其解解释为一组影子价格。作者得出的双重配置,技术和整体效率的法雷尔样措施。最后,他们用一个例子来说明这种技术的使用。1990年由宾夕法尼亚大学经济系和大坂大学社会经济研究协会版权所有。
In many instances, a firm's observed production choices will not be consistent with profit maximization or cost minimization at market prices. Such firms are generally assumed to minimize cost with respect to shadow prices. The authors extend this shadow cost function approach to allow for the identification of firm-specific shadow prices. Using a piecewise linear representation of the reference technology, they specify a linear program and interpret its solution as a set of shadow prices. The authors derive Farrell-like measures of dual allocative, technical, and overall efficiency. They close with an example illustrating the use of this technique. Copyright 1990 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.