Efficient Frontier via Production Functions and Mechanization

• 作者: Hideki Nakamura
• 来源期刊: 美国运筹学期刊(英文)
• 学科: 经济
• 关键词: PRODUCTION Process STEPS Leontief PRODUCTION FUNCTION MECHANIZATION EFFICIENT FRONTIER PRODUCTION below the EFFICIENT FRONTIER
• 年，卷（期）: 2017,（1）
• 页码范围: 56-63
• 页数: 8页
• 分类号: F2

摘要

This study attempts to reconcile data envelopment analysis (DEA) with the production function approach in economics. We examine not only the inputs of capital and labor, but also the ranges of these inputs in production process steps, and endogenously derive a Leontief production function. The Leontief production functions shift northeasterly owing to mechanization, which is the replacement of labor inputs by capital inputs in some steps. Consequently, we describe the efficient frontier as the convex hull of the Leontief production functions. Furthermore, we consider the possibility of efficient production below the efficient frontier.