Allocational efficiency, also known as allocative efficiency, is a characteristic of an efficient market where the optimal distribution of goods in an economy meets the needs and wants of society.

Allocative efficiency refers to an optimal distribution of goods and services to consumers in an economy. Productive efficiency refers to a firm or a market that is operating at maximum capacity.

It achieves a higher level of allocative efficiency because it is deployed within a population that has a greater need on average.

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with the Republic of Estonia on a lapse of time basis on July 9, 2025.1 The authorities have ...

A stronger single market would improve competition and allocative efficiency. Japan Japan’s total factor productivity growth recovered from a decades-long slowdown in the 2010s as companies tried to ...

KATHMANDU, July 9: While Nepal Rastra Bank (NRB) is at the final stage of preparing the draft of the monetary policy for the ...

Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are ...

This is an appeal to the subscribers, contributors, advertisers and well-wishers of Economic and Political Weekly (EPW), published by Sameeksha Trust, a public charitable trust registered with the ...

Allocative efficiency is about ensuring resources are directed to the areas where they achieve the highest benefits. An across-the-board cut affects all public services regardless of the value ...

Abstract This study analysed the technical efficiency of poultry egg production for sustainable food security in the study area using primary data. The data were analysed using stochastic frontier, ...