Title: Semi-radial technical efficiency measurement
Authors: Cherchye, Laurens ×
Van Puyenbroeck, Tom #
Issue Date: 2009
Publisher: Elsevier
Series Title: European journal of operational research vol:193 issue:2 pages:616-625
Abstract: Semi-radial efficiency measurement combines technical efficiency, as captured by the classical Farrell measure, with an economically meaningful mix efficiency component. The semi-radial evaluation we propose proceeds in two steps. First, we build on the price interpretation of the generally accepted Koopmans efficiency notion to characterize appropriate benchmarks. Next, we present both a quantity-based distance measure and its dual (price-based) equivalent to evaluate the mix efficiency factor. The type of measures we propose may, e.g., be used to provide a price rationale for the Zieschang technical efficiency evaluation procedure.
ISSN: 0377-2217
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Public Economics, Leuven
Research Centre for Economics and Corporate Sustainability, Campus Brussels
Faculty of Economics and Business (FEB) - miscellaneous
Department of ECON-CEDON, Campus Brussels
× corresponding author
# (joint) last author

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