Members of the ECORDA team has recently published the following books.
Benchmarking Economic Efficiency: Technical and Allocative
Pastor, Jesús T., Aparicio, Juan, & Zofío, José L. (2022), Benchmarking Economic Efficiency: Technical and Allocative Fundamentals, International Series in Operations Research & Management Science (ISOR, Vol. 346). Springer, Cham. https://doi.org/10.1007/978-3-030-84397-7.
The book unifies and extends the definition and measurement of economic efficiency and its use as a real-life benchmarking technique for actual organizations. The turn of the 21st century has witnessed relevant theoretical breakthroughs that allow a consistent definition and decomposition of profit and profitability according to technical and allocative criteria, taking as reference economic duality and index number theory. In turn, this is translating into a growing number of empirical applications.
