Coelli, T; Grifell-Tatje, E; Perelman, S - 2002
The principal aim of this paper is to measure the amount by which the profit of a multi-input, multi-output firm … deviates from maximum short-run profit, and then to decompose this profit gap into components that are of practical use to … technical inefficiency, and allocative inefficiency, in this profit gap. We survey existing definitions of capacity and, after …