In this article, we apply Hsieh and Klenow's (2009) method to the microdata on the Republic of Korea (hereafter Korea) manufacturing sector to study the evolution of allocative efficiency
over a quarter century (1982-2007).
Using panel data of the organized manufacturing industries of the states as well as all-India over a period from 1981-82 to 2010-11, pre-reform period (1981-82 to 1990-91), post-reform-period (1991-92 to 2010-11) and also during the two decades in the post-reform period (1991-92 to 2000-01 and 200102 to 2010-11], we have decomposed TFPG of the organized manufacturing sector into technological progress, changes in technical efficiency, scale effect and allocative efficiency
reflect a policy of promoting allocative efficiency
was obtained by dividing economic efficiency by technical efficiency.
depends on the initial distribution of resources, which depends on the initial allocation of property rights.
The average technical efficiency, allocative efficiency
and cost efficiency scores for the private health centres were 70%, 84% and 59%, respectively.
59) Additionally, allocative efficiency
may not be achieved in
Burki and Khan (2005) analyse the implications of allocative efficiency
for resource allocation and energy substitutability.
As shown in Table 4, while improvements in both technical and allocative efficiency
explained the ALP growth gap between Vietnam and China, the improvement in technical efficiency played a dominant role.
is a harmonic mean of firm TFP and N the number of firms of each group (exiters, entrants, and incumbents), Z is the index of allocative efficiency
within each group of firms, and MP denotes the weighted average of the marginal product of each group.
Assuming that farming in order to meet profit should allocate minimal cost of persisted input, or it meant farming successes to meet allocative efficiency
A degree to which a given auction design manages to maximize the total surplus will be referred to as its allocative efficiency