The frontier approach to the measurement of productivity and technical efficiency

Vania Sena

Research output: Contribution to journalArticle

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.
Original languageEnglish
Pages (from-to)71-97
Number of pages27
JournalEconomic Issues
Volume8
Issue number2
Publication statusPublished - Sep 2003

Keywords

  • measure technical (in)efficiency
  • frontier isoquant
  • production frontier
  • frontier techniques
  • measurement of total factor productivity
  • measurement of technical efficiency and productivity

Fingerprint Dive into the research topics of 'The frontier approach to the measurement of productivity and technical efficiency'. Together they form a unique fingerprint.

  • Cite this