Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10010598743
This note generalizes analytical relationships among activity variables of DEA models previously derived by Boussemart, Briec and Leleu (2007). We relax the asumption of constant returns to scale by showing that the key results hold under a weaker asumption of homogeneity. We use the notion of...
Persistent link: https://www.econbiz.de/10008477285
Persistent link: https://www.econbiz.de/10009001851
In a recent paper Kuosmanen and Matin (2011) have developed a dual formulation of the weakly disposable Kuosmanen’s technology (Kuosmanen, 2005). Their work sheds new light on the economic interpretation of weak disposability and allows estimation of shadow prices for undesirable/bad outputs....
Persistent link: https://www.econbiz.de/10010700946
efficiency analysis taking into account multiple input parameters. We suggest combining GAMEDE with “Data Envelopment Analysis …” (DEA) to assess the efficiency of a large variety of simulated farms (frontier efficiency analysis). Each farm is …, potential efficiency progress is calculated as the distance between these farms and the frontier. The main advantage of our …
Persistent link: https://www.econbiz.de/10010700944
This study estimates productivity gains and their distribution among inputs and outputs for American industries over the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is traditionally defined as the growth rate of output minus the growth...
Persistent link: https://www.econbiz.de/10010854429
We use a Monte Carlo experiment to compare the quadratic and translog functional forms in terms of their ability to approximate known frontiers that possess convex curvature. Unlike some of the existing simulation studies that have studied this topic, we find that both functional forms provide a...
Persistent link: https://www.econbiz.de/10010854434
This paper offers an approach based on the economic theory of index numbers that revisits the classical surplus accounting technique. We measure the productivity gains and the combined effects of output and input price variation on French farmers’ income between 1959 and 2011, for the whole...
Persistent link: https://www.econbiz.de/10010854435
This empirical application investigates the eventual presence of credit constraints using a panel of French farmers. This is the first European application using a direct modelling approach based upon axiomatic production theory. The credit constrained profit maximisation model proposed by...
Persistent link: https://www.econbiz.de/10008518344
This contribution points out a minor problem in the specifcation of technology when computing the Luenberger productivity indicator that has been hitherto ignored in the literature. The solution of this problem increases the likelihood that the directional distance functions underlying this...
Persistent link: https://www.econbiz.de/10008518348