• MEASUREMENT OF PRODUCTIVE AND TECHNICAL OUTPUT EFFICIENCY
Abstract
This theory is aimed at presenting how output productive efficiency measures are obtained using linear programming approach? The method is primarily an axiomatic approach. Estimation of output pure technical, scale, overall technical, allocative and overall productive efficiencies is explained by suitable numerical examples.
*Schmidt, P. and Lovell, C.A.K., ‘Technical and allocative inefficiency relative to Stochastic Production and Cost Frontier’s, journal of econometrics, vol.No.91979, pp.343-366.
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