The frontier approach to the measurement of productivity and technical efficiency

Sena, Vania (2003). The frontier approach to the measurement of productivity and technical efficiency. Economic Issues, 8 (2), pp. 71-97.

Abstract

In 1957, Farrell proposed to measure technical (in)efficiency as the realised deviation from a frontier isoquant. Since then, the research has developed several methods to derive the production frontier and it has also extended its scope in applying frontier techniques to the measurement of total factor productivity. In this paper, I present the core techniques for the measurement of technical efficiency and productivity based on the notion of frontier and introduce the more recent technological advances in the field.

Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Uncontrolled Keywords: measure technical (in)efficiency,frontier isoquant,production frontier,frontier techniques,measurement of total factor productivity,measurement of technical efficiency and productivity
Published Date: 2003-09
Authors: Sena, Vania

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