We develop a new indicator of profit inefficiency, which is based on decision-makers choosing the amount to spend on each input and the amount to earn on each output, rather than choosing physical quantities of inputs and outputs. The method is suitable for situations when prices and quantities...

A multiple discriminant model is used to test the pervasive nature of economic dualism in the Lower Mississippi Delta Region (LMDR). Much of the policy discussion by The Delta Commission and the Congressional Delta Caucus has tended to focus on local financial constraints. While bank deposits...

This paper develops a slack-based decomposition of profit efficiency based on a direc- tional distance function. It complements Cooper, Pastor, Aparicio and Borras (2011).