The decomposition of cost efficiency and the canonical form of cost function and cost share equations

DOI10.1016/S0165-1765(97)00051-7zbMath0895.90025OpenAlexW2078647451MaRDI QIDQ1389741

Bert M. Balk

Publication date: 30 June 1998

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(97)00051-7

zbMATH Keywords

allocative efficiencytechnical efficiencycost efficiencycost function estimation

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Related Items

On the equivalence of two normalizations in estimating shadow cost functions ⋮ The effect of the normalisation of the shadow price vector on the cost function estimation. ⋮ On the Joint Estimation of Heterogeneous Technologies, Technical, and Allocative Inefficiency

Cites Work

• A simplification of the Kopp-Diewert method of decomposing cost efficiency and some implications
• Modeling allocative inefficiency in a translog cost function and cost share equations: An exact relationship
• Parametric Estimation of Technical and Allocative Inefficiency with Panel Data
• The Coefficient of Resource Utilization