Title :

A measure of price advantage and its decomposition into output- and input-specific effects

Author(s) :

Ayouba, Kassoum [Auteur]
Centre d'Economie et de Sociologie Rurales Appliquées à l'Agriculture et aux Espaces Ruraux [CESAER]
Lefer, Henri-Bertrand [Auteur]
Territoires, Villes, Environnement & Société - ULR 4477 [TVES]
Parvulescu, Raluca [Auteur]

Lille économie management - UMR 9221 [LEM]
Leleu, Herve [Auteur]

Lille économie management - UMR 9221 [LEM]
Boussemart, Jean-Philippe [Auteur]

Lille économie management - UMR 9221 [LEM]

Journal title :

European Journal of Operational Research

Pages :

688-698

Publisher :

Elsevier

Publication date :

2019-07-16

ISSN :

0377-2217

English keyword(s) :

Value efficiency
Allocative efficiency
Technical efficiency
Price advantage
Data analysis envelopment

HAL domain(s) :

Sciences du Vivant [q-bio]
Sciences de l'Homme et Société
Sciences de l'Homme et Société/Economies et finances

English abstract : [en]

In this paper, we develop a price advantage measure obtained as the difference between efficiency scores computed with quantity-based and value-based data. This measure is interpreted as an increase in the firm's profit ...
Show more >In this paper, we develop a price advantage measure obtained as the difference between efficiency scores computed with quantity-based and value-based data. This measure is interpreted as an increase in the firm's profit rate due to a favourable input and output price environment. Compared to traditional allocative efficiency measure, which uses only the evaluated firm's prices, price advantage measure considers prices of peers in the market. Our main contribution is to show that total-price advantage decomposes into the sum of output- and input-specific price advantages. The application of the measure to a French farm's dataset in the context of the successive common agricultural policy reforms – aiming at the liberalization of agricultural prices (1992–2013) – illustrates our theoretical model.Show less >

Language :

Anglais

Peer reviewed article :

Oui

Audience :

Non spécifiée

Popular science :

Non

Collections :

• Lille Économie Management (LEM) - UMR 9221

Source :

Harvested from HAL