| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 986261 | Socio-Economic Planning Sciences | 2007 | 16 Pages |
Abstract
This paper presents a new formula for decomposing cost efficiency into technical, price, and allocative efficiencies in an environment marked by the fact that unit input prices differ among certain enterprises. We employed this formula in comparing cost efficiency between Japanese and US electric power companies, and found a significant difference in the price-based efficiency. However, negligible differences were found in the technical and allocative efficiencies.
Related Topics
Social Sciences and Humanities
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Strategy and Management
Authors
Kaoru Tone, Miki Tsutsui,