@article{Serra:61107, recid = {61107}, author = {Serra, Teresa and Stefanou, Spiro E. and Oude Lansink, Alfons G.J.M.}, title = {Measurement of dynamic efficiency, a directional distance function parametric approach}, address = {2010-04}, number = {699-2016-47938}, pages = {26}, year = {2010}, abstract = {This research proposes a parametric estimation of the structural dynamic efficiency measures proposed by Silva and Oude Lansink (2009). Overall, technical and allocative efficiency measurements are derived based on a directional distance function and the duality between this function and the optimal value function. The applicability of the parametric proposal is illustrated by assessing dynamic efficiency ratings for a sample of Dutch dairy farms observed from 1995 to 2005.}, url = {http://ageconsearch.umn.edu/record/61107}, doi = {https://doi.org/10.22004/ag.econ.61107}, }