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representation of the technology and at a given point in the input–output space, the scale elasticity can be computed along any …
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Carlo evidence suggests that the quadratic specification more precisely represents technology. …
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We review nonparametric estimation of efficiency and productivity, by which we mainly mean activity analysis, or data …
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distance function approach, the purpose is to compare estimates of Luenberger total factor productivity indicators, including … 1990 to 2008, we explore to what extent excluding bad outputs leads to erroneous productivity measurement. The main … appropriate basis of productivity measurement. …
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The purpose of this paper is to include consumer satisfaction in the specification of productivity. We accomplish this … by using Shephard’s preference indirect distance function to model technology subject to a utility target. The utility … construct a Malmquist type of productivity index. As with the usual Malmquist productivity index, we can decompose productivity …
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