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  • 标题:Super Efficiency and Misallocation: Evidence from Vietnamese Electric-Computer Industry
  • 本地全文:下载
  • 作者:Nguyen Khac Minh ; Pham Van Khanh ; Nguyen Thi Phuong
  • 期刊名称:American Journal of Operations Research
  • 印刷版ISSN:2160-8830
  • 电子版ISSN:2160-8849
  • 出版年度:2018
  • 卷号:8
  • 期号:2
  • 页码:63-81
  • DOI:10.4236/ajor.2018.82006
  • 语种:English
  • 出版社:Scientific Research Pub
  • 摘要:Misallocation means that the source is not distributed efficiently. This leads to an important question of how the relationship between misallocation and efficiency is (see [1]). The purpose of this study is to address the empirical relationship between misallocation and efficiency in the electric and computer industry in Vietnam during the 2005-2015 periods. To do this, we built a model that allowed us to evaluate the impact of misallocation and other factors on efficiency. The slack-based measured efficiency (SBM) model (Tone [2]), and the super-efficient model (Tone [3]) are used to estimate the firms’ efficiency. The approach of Hsieh and Klenow [4] is used to measure misallocation in the study area. Estimated results of the model about the relationship between misallocation and efficiency show that the variable representing the misallocation has a negative sign and statistical significance in all models. In other words, the misallocation negatively affects efficiency. The bigger the misallocation, the lower the efficiency.
  • 关键词:MisallocationSuper-EfficientSlack-Based Measured Efficiency
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