Keywords: DEA
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Journal Articles
Studies in Economics and Finance (2018) 35 (1): 178–195.
Published: 05 March 2018
... (Berger and Humphrey, 1991). X-efficiency is the ratio of minimum cost that could be exhausted to the actual cost of producing a similar output bundle (Berger, 1993). Researchers use data envelopment analysis (DEA) and the stochastic frontier analysis (SFA) approach to measure efficiency. Both have...
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