Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis
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, Journal Article
Land, KC; Knox Lovell, CA; Thore, S
Published in: Technological Forecasting and Social Change
January 1, 1994
In this paper we undertake a comparison of the productive efficiency of a set of West European market economies and a set of East European planned economies. We employ the techniques of chance-constrained data envelopment analysis to conduct the comparison. These techniques are particularly appropriate when the performance of producers depends on their ability to make resource allocation decisions in the presence of technological and market uncertainties. We find the market economies to have been much more efficient in their allocation of resources. © 1994.
Duke Scholars
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Technological Forecasting and Social Change
DOI
ISSN
0040-1625
Publication Date
January 1, 1994
Volume
46
Issue
2
Start / End Page
139 / 152
Related Subject Headings
- Science Studies
- 38 Economics
- 35 Commerce, management, tourism and services
- 15 Commerce, Management, Tourism and Services
- 14 Economics
- 10 Technology
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Land, K. C., Knox Lovell, C. A., & Thore, S. (1994). Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis. Technological Forecasting and Social Change, 46(2), 139–152. https://doi.org/10.1016/0040-1625(94)90022-1
Land, K. C., C. A. Knox Lovell, and S. Thore. “Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis.” Technological Forecasting and Social Change 46, no. 2 (January 1, 1994): 139–52. https://doi.org/10.1016/0040-1625(94)90022-1.
Land KC, Knox Lovell CA, Thore S. Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis. Technological Forecasting and Social Change. 1994 Jan 1;46(2):139–52.
Land, K. C., et al. “Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis.” Technological Forecasting and Social Change, vol. 46, no. 2, Jan. 1994, pp. 139–52. Scopus, doi:10.1016/0040-1625(94)90022-1.
Land KC, Knox Lovell CA, Thore S. Productive efficiency under capitalism and state socialism:. An empirical inquiry using chance-constrained data envelopment analysis. Technological Forecasting and Social Change. 1994 Jan 1;46(2):139–152.
Published In
Technological Forecasting and Social Change
DOI
ISSN
0040-1625
Publication Date
January 1, 1994
Volume
46
Issue
2
Start / End Page
139 / 152
Related Subject Headings
- Science Studies
- 38 Economics
- 35 Commerce, management, tourism and services
- 15 Commerce, Management, Tourism and Services
- 14 Economics
- 10 Technology