X-Efficiency, Organizational Efficiency and Indian Economic Thought: Thirukkural

12 Pages Posted: 9 Mar 2009

See all articles by Chendrayan Chendroyaperumal

Chendrayan Chendroyaperumal

affiliation not provided to SSRN (deceased); Anna University of Technology Chennai - Saveetha Engineering College

Date Written: January 30, 2009

Abstract

Harvey Leibenstein of the Harvard University proposed a concept X-Efficiency, and considered it as the missing link in micro-micro economic foundations, that determined the organizational efficiency more than the allocative efficiency. This paper attempts to highlight that 'X-efficiency' is not only very critical for organizational efficiency fully agreeing with Harvey Leibenstein but also highlights that 'X-efficiency' is nothing new to Indian Economic Thought and that this concept is known since more than 2000 years at the least from Thirukkural.

Keywords: X-efficiency, Organizational Efficiency, Thirukkural

Suggested Citation

Chendroyaperumal, Chendrayan, X-Efficiency, Organizational Efficiency and Indian Economic Thought: Thirukkural (January 30, 2009). Available at SSRN: https://ssrn.com/abstract=1355763 or http://dx.doi.org/10.2139/ssrn.1355763

Chendrayan Chendroyaperumal (Contact Author)

affiliation not provided to SSRN (deceased)

Anna University of Technology Chennai - Saveetha Engineering College ( email )

Chennai, TN Tamil Nadu 602105
India
9543187677 (Phone)

HOME PAGE: http://www.saveetha.ac.in

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