articleTop 1% cited
Allocative efficiency vs. X-Efficiency
American Economic Review · 1966 · Vol. 56(3) · pp. 392–416
Abstract
Examines empirical evidence on allocative efficiency in economics. Comparison of the merit of allocative efficiency with X-efficiency, an unindentified type of efficiency which has motivation as its major element; Analysis of the magnitude and nature of X-efficiency; View that firms and economies do not operate on an outer-bound possibility surface consistent with their resources. (Из Ebsco)
Economic theories and modelsEconomic Growth and ProductivityMonetary Policy and Economic ImpactAllocative efficiencyEconomicsMicroeconomicsEmpirical evidence
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The Review of Economics and Statistics · 1957 · 12,070 citations
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