This paper develops an index of allocative efficiency that depends upon the distribution of mark-ups across goods and is separable from an index of standard Ricardian gains from trade. It determines how changes in trade frictions affect allocative efficiency in an oligopoly model of...

Most studies on measuring China's energy efficiency were conducted in the framework of the input-oriented Data Envelopment Analysis. This approach generally calculates the technical efficiency by shrinking all the input factors equally proportionally subject to the observed output still being...

This paper examines the impact of allocative efficiency of labour in firms and of individual firm performance on labour productivity at the sector level for several European countries. It uses data recently collected by the Competitiveness Research Network (CompNet).

This paper applies the stochastic Translog input distance function and stochastic frontier analysis (SFA) method to evaluate the operational efficiency of farm lenders in the commercial banking industry and the Farm Credit System (FCS). This paper uses the late 2000s recession as a backdrop for...

AA substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...

Once tea was the major source of export earnings for India, but now India is trailing behind in the field of tea production and exports. Darjeeling tea is considered as India’s pride and almost entire production are exported. The depressed tea export of India actually caused the breakdown...

This study aims to assess the Cost Efficiency (CE) of the Greek cooperative banks over the period 2000–2005. We first use Data Envelopment Analysis (DEA) to estimate the technical, allocative and cost efficiency for each bank in sample. Then, we use a bootstrapping censored (Tobit)...

This paper applies the stochastic Translog input distance function and stochastic frontier analysis (SFA) method to evaluate the operational efficiency of lending units within the Farm Credit System (FCS). This study’s model is applied as a comparative analytical frame work to analyze...

A method is developed to integrate the efficiency concepts of technical, allocative, and scale inefficiencies (TI, AI, SI) into the variable returns to scale (VRS) frontier approximation in Data Envelopment Analysis (DEA). The proposed weighted DEA (WDEA) approach takes a weighted average of the...