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The objective of this paper is twofold. First we discuss, whether data envelopment analysis can be applied to households' consumption activities on the basis of Kelvin Lancaster's approach to consumer choice. Then, we apply data envelopment analysis to identify inefficiencies in a subsector of...
Persistent link: https://www.econbiz.de/10009781749
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Efficiency measurement naturally requires the definition of a frontier as a benchmark indicating efficiency. Usually a measure reflecting the distance of a data point to the frontier indicates the level of efficiency. One of the crucial characteristics to distinguish efficiency measurement tools...
Persistent link: https://www.econbiz.de/10010291711
The objective of this paper is twofold. First we discuss, whether data envelopment analysis can be applied to households' consumption activities on the basis of Kelvin Lancaster's approach to consumer choice. Then, we apply data envelopment analysis to identify inefficiencies in a subsector of...
Persistent link: https://www.econbiz.de/10010291730
The twin-peaked (bimodal) shape of the distribution of per capita income is an intensively discussed topic in economic growth research. The data show that the world income distribution starts with an unimodal structure in 1960 and evolves subsequently towards a bimodal or twin-peaked structure....
Persistent link: https://www.econbiz.de/10008578999
Efficiency measurement naturally requires the definition of a frontier as a benchmark indicating efficiency. Usually a measure reflecting the distance of a data point to the frontier indicates the level of efficiency. One of the crucial characteristics to distinguish efficiency measurement tools...
Persistent link: https://www.econbiz.de/10005231959
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