In microeconomic theory, productive efficiency (or production efficiency) is a situation in which the economy or an economic system (e.g., bank, hospital, industry, country) operating within the constraints of current industrial technology cannot increase production of one good without sacrificing production of another good. In simple terms, the concept is illustrated on a production possibility frontier (PPF), where all points on the curve are points of productive efficiency. An equilibrium may be productively efficient without being allocatively efficient — i.e. it may result in a distribution of goods where social welfare is not maximized (bearing in mind that social welfare is a nebulous objective function subject to political controversy).
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| - كفاءة إنتاجية (ar)
- Eficiencia productiva (es)
- Productive efficiency (en)
- Eficiência produtiva (pt)
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| - كفاءة إنتاجية هي إنتاج السلع والخدمات مع مزيج مثالي من المدخلات لإنتاج الطاقة الانتاجية القصوى بأقل قدر من التكاليف. تحقيق أقصى قدر ممكن من الأرباح لقاء تكلفة معينة، أو التقليل من التكاليف المترتبة على نتيجة ما. وقد يشير المصطلح كذلك إلى مرحلة عملية في الاقتصاد حيث لا يكون بالإمكان إنتاج مزيد من السلع دون تخفيض مستويات إنتاج منتجات أخرى. (ar)
- Eficiencia productiva (también conocida como eficiencia técnica) se produce cuando la economía está utilizando todos sus recursos de manera eficiente, produciendo el máximo de producción con el mínimo de recursos. El concepto se ilustra en la Frontera de posibilidades de producción (FPP) en la cual todos los puntos de la curva son los puntos de máxima eficiencia productiva (es decir, no se puede lograr más productos a partir de las recursos presentes). (es)
- In microeconomic theory, productive efficiency (or production efficiency) is a situation in which the economy or an economic system (e.g., bank, hospital, industry, country) operating within the constraints of current industrial technology cannot increase production of one good without sacrificing production of another good. In simple terms, the concept is illustrated on a production possibility frontier (PPF), where all points on the curve are points of productive efficiency. An equilibrium may be productively efficient without being allocatively efficient — i.e. it may result in a distribution of goods where social welfare is not maximized (bearing in mind that social welfare is a nebulous objective function subject to political controversy). (en)
- A Eficiência produtiva ocorre quando a economia está operando na sua fronteira de possibilidades de produção (FPP). Isso acontece quando a produção de um bem é obtida ao menor custo possível, dadas a produção do(s) outro(s) bem(ns). Na qual operando dentro das restrições da atual não pode aumentar a produção de um bem sem sacrificar a produção de outro bem. De forma equivalente, é quando a produção de um bem atinge seu nível máximo, dado o nível de produção do(s) outro(s) bem(ns). Sob o conceito ilustrado do exemplo de FPP, onde todos os pontos da curva são pontos de eficiência produtiva. (pt)
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| - كفاءة إنتاجية هي إنتاج السلع والخدمات مع مزيج مثالي من المدخلات لإنتاج الطاقة الانتاجية القصوى بأقل قدر من التكاليف. تحقيق أقصى قدر ممكن من الأرباح لقاء تكلفة معينة، أو التقليل من التكاليف المترتبة على نتيجة ما. وقد يشير المصطلح كذلك إلى مرحلة عملية في الاقتصاد حيث لا يكون بالإمكان إنتاج مزيد من السلع دون تخفيض مستويات إنتاج منتجات أخرى. (ar)
- Eficiencia productiva (también conocida como eficiencia técnica) se produce cuando la economía está utilizando todos sus recursos de manera eficiente, produciendo el máximo de producción con el mínimo de recursos. El concepto se ilustra en la Frontera de posibilidades de producción (FPP) en la cual todos los puntos de la curva son los puntos de máxima eficiencia productiva (es decir, no se puede lograr más productos a partir de las recursos presentes). Esto sucede cuando la producción de un bien económico se consigue con el menor costo posible, dada la producción de otro(s) bien(es). En otras palabras, cuando se logra, dada la necesidad de producir otros bienes, la mayor productividad posible de un bien. En una situación de equilibrio a largo plazo para los mercados en competencia perfecta, es donde el es la base en la media de la curva de costos totales, es decir, la curva de costo donde CM = A (T) C. La eficiencia productiva requiere que todas las empresas funcionen con las mejores prácticas (best practice) en los procesos tecnológicos y de administración. Al mejorar estos procesos, una economía en general o empresa en particular pueden ampliar su frontera de posibilidades de producción y aumentar aún más la eficiencia. En situaciones de monopolio u oligopolios, esas empresas elegirán producir a los niveles de maximizar el beneficio (donde CM = IM). Consecuentemente no pueden ser productivamente eficientes (la llamada ineficiencia X). Sin embargo, debido a las economías de escala puede llegar a ser posible que empresas monopólicas produzcan con un precio más bajo para el consumidor (en MC = MR) que las empresas perfectamente competitivas producen en MC = A (T) C. (es)
- In microeconomic theory, productive efficiency (or production efficiency) is a situation in which the economy or an economic system (e.g., bank, hospital, industry, country) operating within the constraints of current industrial technology cannot increase production of one good without sacrificing production of another good. In simple terms, the concept is illustrated on a production possibility frontier (PPF), where all points on the curve are points of productive efficiency. An equilibrium may be productively efficient without being allocatively efficient — i.e. it may result in a distribution of goods where social welfare is not maximized (bearing in mind that social welfare is a nebulous objective function subject to political controversy). Productive efficiency is an aspect of economic efficiency that focuses on how to maximize output of a chosen product portfolio, without concern for whether your product portfolio is making goods in the right proportion; in misguided application, it will aid in manufacturing the wrong basket of outputs faster and cheaper than ever before. Productive efficiency of an industry requires that all firms operate using best-practice technological and managerial processes and that there is no further reallocation that bring more output with the same inputs and the same production technology. By improving these processes, an economy or business can extend its production possibility frontier outward, so that efficient production yields more output than previously. Productive inefficiency, with the economy operating below its production possibilities frontier, can occur because the productive inputs physical capital and labor are underutilized—that is, some capital or labor is left sitting idle—or because these inputs are allocated in inappropriate combinations to the different industries that use them. In long-run equilibrium for perfectly competitive markets, productive efficiency occurs at the base of the average total cost curve — i.e. where marginal cost equals average total cost — for each good. Due to the nature and culture of monopolistic companies, they may not be productively efficient because of X-inefficiency, whereby companies operating in a monopoly have less of an incentive to maximize output due to lack of competition. However, due to economies of scale it can be possible for the profit-maximizing level of output of monopolistic companies to occur with a lower price to the consumer than perfectly competitive companies. (en)
- A Eficiência produtiva ocorre quando a economia está operando na sua fronteira de possibilidades de produção (FPP). Isso acontece quando a produção de um bem é obtida ao menor custo possível, dadas a produção do(s) outro(s) bem(ns). Na qual operando dentro das restrições da atual não pode aumentar a produção de um bem sem sacrificar a produção de outro bem. De forma equivalente, é quando a produção de um bem atinge seu nível máximo, dado o nível de produção do(s) outro(s) bem(ns). Sob o conceito ilustrado do exemplo de FPP, onde todos os pontos da curva são pontos de eficiência produtiva. No equilíbrio de longo-prazo para mercados perfeitamente competitivos, isso é onde o custo médio está no ponto mais baixo na curva de custo médio. Devido à natureza das empresas monopolistas, elas irão optar por produzir em níveis que maximizem o lucro e portanto não serão eficientes na produção porque o custo médio mais baixo não coincide com o ponto onde o lucro é máximo para a empresa. (pt)
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