Education, Experience, and Allocative Efficiency: A Dual Approach
Education, Experience, and Allocative Efficiency: A Dual Approach
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DOI：
10.2307/1242074
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发表时间：
1988-05
影响因子：
4.2
通讯作者：
S. Stefanou;Swati Saxena
中科院分区：
文献类型：
--
作者：
S. Stefanou;Swati Saxena
开发了用于评估配置效率的双重非前沿利润函数方法的概括，该方法允许培训（人力资本）变量直接影响效率水平。宾夕法尼亚州乳品厂的一项应用表明，教育和经验是替代品，并且在效率水平中发挥着重要作用。虽然这些运营商没有以绝对有效的方式分配其可变投入，但对于规定的教育和经验水平，六种可能的投入组合中的四种可以实现相对效率。此外，对效率措施的估计表明，这些运营商正在最大化生产而不是短期利润。
A generalization of the dual, non-frontier profit function approach to evaluating allocative efficiency is developed that allows for training (human capital) variables to influence the efficiency level directly. An application to Pennsylvania dairy indicates that education and experience are substitutes and play a significant role in the level of efficiency. While these operators are not allocating their variable inputs in an absolutely efficient manner, relative efficiency can be achieved for four of six possible input combinations for prescribed levels of education and experience. Furthermore, the estimates of the efficiency measures suggest that these operators are maximizing production rather than short-run profits.