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Abstract
In this research paper the concept of technical efficiency (due to Farell) [1] of a decision making unit (DMU) has been introduced and the measure of technical and cost efficiencies are derived. Timmer’s [2] deterministic approach to estimate the Cobb-Douglas production frontier has been proposed. The idea of extension of Timmer’s [2] method to any production frontier which is linear in parameters has been presented here. The estimation of parameters of Cobb-Douglas production frontier by linear programming approach has been discussed in this paper. Mark et al. [3] proposed a non-parametric method to assess efficiency. Nuti et al. [4] investigated the relationships among technical efficiency scores, weighted per capita cost and overall performance Gahe Zing Samuel Yank et al. [5] used Data envelopment analysis to assess technical assessment in banking sectors.
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Details
1 Department of Mathematics, School of Advanced Sciences, VIT University, Vellore-632014, India
2 Department of Mathematics, Swetha Institute of Technology and Science, Tirupati, Andhra Pradesh, India
3 Department of Statistics, S.V.University,Tirupati, Andhra Pradesh, India