Distributive efficiency occurs when goods and services are consumed by those who need them most and focuses on the equitable distribution of resources. The state of allocative efficiency happens ...

Allocative efficiency occurs in an efficient market when capital is allocated in the best way possible to benefit each party involved. It is the even distribution of goods and services ...

More importantly, the upgrades were associated with better allocative efficiency as measured by the extent to which the employment of an industry is contained in the industry’s most productive ...

We measure the technical efficiency (TE) and allocative efficiency (AE) by the aggregate production possibility frontier and the distance from the frontier, respectively. We apply our approach to ...