Many firms or countries strive to accomplish the maximum productive efficiency and 48 countries of this paper also have the same goal.
But 14 of these countries could only approach to the maximum productive efficiency. On the contrary 34 countries pro...
Many firms or countries strive to accomplish the maximum productive efficiency and 48 countries of this paper also have the same goal.
But 14 of these countries could only approach to the maximum productive efficiency. On the contrary 34 countries produced inefficiently. This inefficient production may raise poorer competitiveness of industry and inefficient International Trade. And this case will lead to the ruin of industry eventually.
So these 34 countries will search the methods which are enable to increase efficiency. Therefore this paper suggest the method which is reallocation of fixed but allocatable input.
This method will easily increase the efficiency of 34 countries without additional cost, Once country reallocate the given inputs.