Titlebook: Cost Structure and the Measurement of Economic Performance; Productivity, Utiliz Catherine J. Morrison Paul Book 1999 Springer Science+Busi

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https://doi.org/10.1007/978-1-4615-5093-8Microeconomic Theory; econometrics; efficiency; growth; microeconomics; modeling; productivity

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Technical Efficiency,n has been attained. However, there may be inefficiencies in the production system. Something unrecognized in the model, such as management ability, may cause firms to be off the frontier, and our technical and/or allocative efficiency assumptions to be invalid.

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