Technical Efficiency of Road Haulage Firms

• J. Baños-Pino ^[1] ; P. Coto-Millán ^[2] ; A. Rodríguez-Álvarez ^[1] ; V. Inglada-López de Sabando ^[3]
  1. [1] Universidad de Oviedo
  2. [2] Universidad de Cantabria
  3. [3] Universidad Carlos III de Madrid

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• Localización: Essays on microeconomics and industrial organisation / coord. por Pablo Coto Millán, 2002, ISBN 3-7908-1390-7, págs. 75-87
• Idioma: inglés
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• Resumen

  • This study justifies the contemporary importance of efficiency analysis. We put forward the theoretical concepts of technical, allocative, and economic efficiency. We then tackle problems of an empirical nature. In this way, different ways of measuring efficiency are presented, with their main disadvantages. To finish, a theoretical application is presented for haulage firms operating in Spanish roads in six different sub-sectors with panel data.