Exact nonradial input, output, and productivity measurement

The use of measures originally suggested by Bennet, Bowley, and Hicks in the context of cost of living, welfare, and consumer surplus measurement to measure inputs, outputs, and productivity is examined. Suitably normalized versions of the Bennet-Bowley measures are shown to be exact and superlative measures of input, output, and productivity indicators.

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Year of publication:	2002-03-21
Authors:	Chambers, Robert G.
Published in:	Economic Theory. - Springer. - Vol. 20.2002, 4, p. 751-765
Publisher:	Springer
Subject:	Input and output measurement \| Productivity measurement \| Directional distance functions

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: April 2, 2001; revised version: August 8, 2001
Classification:	C23 - Models with Panel Data ; D24 - Production; Capital and Total Factor Productivity; Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005370962