A measure of price advantage and its ...
Document type :
Compte-rendu et recension critique d'ouvrage
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]
Université du Littoral Côte d'Opale [ULCO]
Parvulescu, Raluca [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
Boussemart, Jean Philippe [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
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]
Université du Littoral Côte d'Opale [ULCO]
Parvulescu, Raluca [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
Boussemart, Jean Philippe [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre National de la Recherche Scientifique [CNRS]
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
Allocative efficiency
Technical efficiency
Price advantage
Data analysis envelopment
HAL domain(s) :
Sciences du Vivant [q-bio]
Sciences de l'Homme et Société/Economies et finances
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 >
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
Popular science :
Non
Collections :
Source :
Files
- https://hal.archives-ouvertes.fr/hal-02095893/document
- Open access
- Access the document
- https://hal.archives-ouvertes.fr/hal-02095893/document
- Open access
- Access the document
- https://hal.archives-ouvertes.fr/hal-02095893/document
- Open access
- Access the document
- document
- Open access
- Access the document
- S0377221719300773.pdf
- Open access
- Access the document