Cost constrained industry inefficiency
Industry inefficiency is defined for cost constrained production environments; Industry prices are defined and the optimal industry configuration is determined; The industry inefficiency indicator is decomposed into sources components; An empirical application to Ontario energy data is presented; The empirical application shows how to use the methodology in order to estimate the effect of changes in the regulation regime.
industry inefficiency productivity data envelopment analysis (dea) indirect directional distance function optimal configuration