The measure of how effective specific inputs are based upon the given output. Technical efficiency may be achieved based on the resources used by the company in producing its products, as well as its technology and labor.
Related information about technical efficiency:
- Technical Efficiency | Economics Help
Technical efficiency is the effectiveness with which a given set of inputs is used to produce an output. A firm is said to be technically efficient if a firm is producing ...
- Technical efficiency - AmosWEB
Obtaining the greatest possible production of goods and services from available resources. In other words, resources are not wasted in the production process.
- What is technical efficiency? definition and meaning
Definition of technical efficiency: Situation where it is impossible for a firm to produce, with the given know how, (1) a larger output from the same inputs or (2) the ...
- X-inefficiency - Wikipedia, the free encyclopedia
It occurs when technical-efficiency is not being achieved due to a lack of competitive pressure. The concepts of x-inefficiency were introduced by Harvey ...
- a meta-analysis of technical efficiency in nigerian ... - AgEcon Search
identified educations as a significant determinant of technical efficiency while ... existing literature on technical efficiency in Nigerian agriculture covering the ...
- Estimation of technical efficiency - The Economics Network
The level of technical efficiency of a particular firm is characterised by the relationship between observed production and some ideal or potential production ...
- WHAT DETERMINES TECHNICAL EFFICIENCY OF FIRMS ...
Abstract. This paper investigates the determinants of technical efficiency of ... neglected for understanding differences of technical efficiency across firms.
- Technical efficiency analysis of rice production in Vietnam
this paper made an effort to measure the technical efficiency (TE) of rice production and ... some determinants of technical efficiency of rice farmers in Vietnam.