Editing X-inefficiency (section)

== Arguments about X-inefficiency ==
Based on the assumption that the non-trade output of the firm is zero, [[Harvey Leibenstein|Leibenstein]] argues that the X-inefficiency results from the lack of motivation of the resource owners to produce less than the maximum technical output of the trade goods.<ref>{{Cite journal |last=STIGLER |first=G. J |date=1976 |title=The Xistence of X-Efficiency |journal=American Economic Review |volume=66 |issue=1 |pages=213–216 |jstor=1804963}}</ref> Leibenstein also argued that sometimes firms are not maximising their profits because there may be a certain level of efficiency, considering the human element which introduced by Leibenstein<ref name=":02">{{Cite book |last=Leibenstein |first=Harvey |title=Allocative efficiency vs."x-efficiency." |date=1966 |publisher=Univ.of California, Inst.of Industrial Relations |oclc=500398276}}</ref>