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- W2155771030 abstract "Starting from existing static decompositions of overall economic efficiency on nonparametric production and cost frontiers, this article proposes more comprehensive decompositions including several cost-based notions of capacity utilization. Furthermore, in case prices are lacking, we develop additional decompositions of overall technical efficiency integrating a technical concept of capacity utilization. These new efficiency decompositions provide a link between short and long run economic analysis and, in empirical work, avoid conflating inefficiency and differences in capacity utilization. An empirical analysis using a monthly panel of Chilean hydro-electric power plants illustrates the potential of these decomposition proposals." @default.
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- W2155771030 date "2012-11-01" @default.
- W2155771030 modified "2023-09-25" @default.
- W2155771030 title "Static efficiency decompositions and capacity utilization: integrating economic and technical capacity notions" @default.
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- W2155771030 doi "https://doi.org/10.1080/00036846.2011.587783" @default.
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