Conferencia Prof. José Luis Zofío

Title: The Decompositions of Cost Variation

Speaker: José Luis Zofío (Universidad Autónoma de Madrid)

Date: Jueves 7 de noviembre de 2019, 12:30 h.

Localization:  Sala de Seminarios del CIO, Edificio Torretamarit, Universidad Miguel Hernández (Campus de Elche)

Abstract: In this paper a number of meaningful and empirically implementable decompositions of the cost variation (in difference and ratio form) are developed. The components distinguished are price level change, technical efficiency change, allocative efficiency change, technological change, scale of activity change, and price structure change. Given data from a (balanced) panel of production units, all the necessary ingredients for the computation of the various decompositions can be obtained by using linear programming techniques. An application is provided.

26 November 2019