technical efficiency

technical efficiency

A term of art for the degree to which the production of a given output (product or service) reflects the least-possible input, material, cost or labour. Cost-effectiveness is a benchmark of technical efficiency.

technical efficiency

The extent to which the most appropriate technologies, e.g., MRI studies, are devoted to the solution of problems, such as the diagnosis of diseases of the spinal cord, regardless of their economic costs or sociopolitical impact.
References in periodicals archive ?
The aim of this study was to determine the technical efficiency of dairy cattle farms in Turkey.
Tenders are invited for A public tender procedure conducted in the form of an open tender with a value of over 209 000 for the provision of services related to the maintenance of technical inspections, maintenance service and maintenance of technical efficiency and safety of operation of cranes installed for the Voivodeship Multi-specialty Oncology and Traumatology Center im.
Measuring firms' performance using technical efficiency approaches which assessed the efficiency of transferring from inputs into outputs with given level of technology is a very popular methodology.
2012) studied the technical efficiency of District Co-operative Banks in Kerala using Data Envelopment Analysis for the year 2005 to 2009.
This is the very first study, which analyzes technical efficiency and its sources for the large scale manufacturing industries (LSMI) of Pakistan through DEA double bootstrap technique.
This, therefore, is the motivation behind a study of technical efficiency on a macro level with respect to heterogeneity in various dimensions.
This study aims at analyzing farmer's level of technical efficiency in the use of factors of production and the factors affecting the level of technical inefficiency.
First, we identify the contribution of technical efficiency improvement and technical progress to productivity growth.
Along with technological progress, changes in technical efficiency, scale effect and changes in allocative efficiency can also contribute to productivity growth.
KEYWORDS: EFFICIENCY FRONTIER, TECHNICAL EFFICIENCY, BANKING, LINEAR PROGRAMMING, RESOURCE MANAGEMENT.
Technical Efficiency: Scores for technical efficiency could be gained by applying a constant return to scale in non-parametric model first developed by Charnes et al.
Xiaobo selected some relatively representative listed companies of China and India and uses total assets, asset-liability ratio, and ownership concentration as input indicators of DEA and rate of return on common stockholders' equity, earnings per share, and increase amount of business revenue as the output indicators to analyze the equity financing efficiency of the two countries' stock market from the three angles of technical efficiency, pure technical efficiency, and scale efficiency and puts forward relevant policy suggestions [16].
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