Exact(2)
Palmer and Torgerson distinguish among technical efficiency, productive efficiency, and allocative efficiency [ 4].
It is worth noting that there are various measures of efficiency used in the literature including technical efficiency, productive efficiency, and allocative efficiency [ 14].
Similar(58)
Collectively, these findings indicate that a moderate (1.6 g/kg) to high (2.3 g/kg) reduction in dietary Ca in diets supplemented with 500 to 1000 FTU/kg of Buttiauxella phytase improved P and Ca digestibility, energy efficiency and productive performance in broilers fed corn-soybean meal-based diets.
Allocative efficiency extends productive efficiency to incorporate the output's value to society.
Allocative efficiency implies productive efficiency, although the converse is not necessarily true.
Because of this entrepreneurial approach, healthcare organisations transformed their policy towards a cost-efficiency and productive care system (e.g. a shorter length of stay per patient) [ 28].
A PPF can be used to illustrate a number of economic concepts, such as scarcity of resources (i.e., the fundamental economic problem all societies face), opportunity cost (or marginal rate of transformation), productive efficiency, allocative efficiency, and economies of scale.
The notion of productive efficiency corresponds to technical efficiency, the latter being estimated by SFA.
This is the first study which presents empirically the underline mechanism of how disaster is related to countries' productive efficiency and consequent productivity change using global data.
Whether the positive output effect or the negative input mix effect dominates depends on a number of considerations, including the elasticity of substition, the relative importance of the two inputs in the production process, and the productive efficiency gap between the two types.
Next to measuring productive efficiency, we look for specific patterns in efficiency distributions over universities, years and areas of specialization.
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