A MULTI-PRODUCT VERSION OF THE DEA+ METHOD Cover Image

A MULTI-PRODUCT VERSION OF THE DEA+ METHOD
A MULTI-PRODUCT VERSION OF THE DEA+ METHOD

Author(s): Artur Prędki
Subject(s): Economy, Methodology and research technology, Policy, planning, forecast and speculation
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: DEA+; semiparametric frontier model; production function; technical efficiency;

Summary/Abstract: The paper presents the DEA+ method as a tool for estimating the production function and the measure of technical efficiency in data points. A multi-product case is considered. Presentation of the underlying semiparametric frontier model is followed by demonstration of the very algorithm of DEA+ and a discussion of its validity. Finally, the method is illustrated with an empirical example with selected model distributions for each random variable constituting the composed error.

  • Issue Year: XV/2014
  • Issue No: 2
  • Page Range: 317-329
  • Page Count: 13
  • Language: English
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