Badunenko, Oleg; Fritsch, Michael; Andreas, Stephan - Technische Universität <Freiberg> / Fachbereich … - 2006
The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit technical efficiency...
