MAZUMDAR, MAINAK; RAJEEV, MEENAKSHI; RAY, SUBHASH C. - In: Indian Economic Review 47 (2012) 2, pp. 191-221
Using the nonparametric approach of Data Envelopment Analysis (DEA), this paper examines firm’s heterogeneity in the Indian pharmaceutical industry by measuring their input and output efficiencies for the period 1991 to 2005. The analysis establishes that even though firms have been able to...