A proposal to integrate Data Envelopment Analysis and Le Chatelier principle
Abstract
The article aims to estimate the short and long run efficient production frontiers for firm operating in an industry. The Le Chatelier principle represents the theoretical framework, while the tool used to find the frontiers is the non-parametric Data Envelopment Analysis technique. The proposal tries to overcome the main limitations that other efforts done in this context seem to have.
0
Turn this paper into a lesson
ArcXiv compiles a structured reading guide from this paper's metadata: plain-English importance, contributions, prerequisite concepts, which sections to read first, flashcards, and a quiz. Grounded in the abstract, never invented.