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The ratio definition of efficiency has the form of a productivity measure. But the weights are endogenous variables and … they do not function as weights in a productivity index proper. It is shown that extended Farrell measures of efficiency … various projection points on the frontier.The Malmquist productivity index is the efficiency score for a unit in a period …
Persistent link: https://www.econbiz.de/10011333654
While productivity growth in electricity generation is associated with multiple positive effects from an economic and environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity growth for a sector characterized by multiple...
Persistent link: https://www.econbiz.de/10011392214
Persistent link: https://www.econbiz.de/10012210774
This paper investigates the forces driving output growth, namely technological, efficiency, and input changes, in 80 … efficiency levels, technological change, and the development of capital and labor elasticities. However, a consistent finding …
Persistent link: https://www.econbiz.de/10012714412
In this paper we study environmental efficiency within a pollution generating technology. Pollutants, or bads, are … environmental efficiency, and hence lower emissions, of three air pollutants. Furthermore, we suggest that treating biofuels as … entirely carbon neutral (as is common practice) may underestimate environmental efficiency scores and generate misleading …
Persistent link: https://www.econbiz.de/10014165236
We consider a stochastic multiplicative-directional-distance-function-based formulation of the production technology in the presence of bad outputs. In contrast to the popular additive directional distance function, our approach preserves the highly desired scale invariance property of the...
Persistent link: https://www.econbiz.de/10012944272
While productivity growth in electricity generation is associated with multiple positive effects from an economic and environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity growth for a sector characterized by multiple...
Persistent link: https://www.econbiz.de/10013010975
Persistent link: https://www.econbiz.de/10003681080
Persistent link: https://www.econbiz.de/10011380456
Persistent link: https://www.econbiz.de/10012227855