Amirteimoori, Alireza; Allahviranloo, Tofgh; … - In: Financial innovation : FIN 10 (2024), pp. 1-21
variable returns to scale specifcation. However, some processes have two-stage structures, and, in such processes, the concepts … of scale elasticity and returns to scale are inextricably related to the conditions of the stages of production. Thus, an … evaluation of efciency, scale elasticity, and returns to scale is sensitive to stages. In this study, we introduced a procedure …