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Dynamics of Data Envelopment Analysis - Theory of Systems Efficiency (Hardcover, 1995 ed.)
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Dynamics of Data Envelopment Analysis - Theory of Systems Efficiency (Hardcover, 1995 ed.)
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Data envelopment analysis develops a set of nonparametric and
semiparametric techniques for measuring economic efficiency among
firms and nonprofit organizations. Over the past decade this
technique has found most widespread applications in public sector
organizations. However these applications have been mostly static.
This monograph extends this static framework of efficiency analysis
in several new directions. These include but are not limited to the
following: (1) a dynamic view of the production and cost frontier,
where capital inputs are treated differently from the current
inputs, (2) a direct role of the technological progress and
regress, which is so often stressed in total factor productivity
discussion in modem growth theory in economics, (3) stochastic
efficiency in a dynamic setting, where reliability improvement
competes with technical efficiency, (4) flexible manufacturing
systems, where flexibility of the production process and the
economies of scope play an important role in efficiency analysis
and (5) the role of economic factors such as externalities and
input interdependences. Efficiency is viewed here in the framework
of a general systems theory model. Such a view is intended to
broaden the scope of applications of this promising new technique
of data envelopment analysis. The monograph stresses the various
applied aspects of the dynamic theory, so that it can be
empirically implemented in different situations. As far as possible
abstract mathematical treatments are avoided and emphasis placed on
the statistical examples and empirical illustrations.
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