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The modelling of the interaction between production activities and the natural environment requires formulating a multioutput production function for intended and unintended outputs. The key feature when modelling joint production of intended outputs and unintended residuals is that the latter...
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In economics scale properties of a production function is charcterised by the value of the scale elasticity. In the field of efficiency studies this is also a valid approach for the frontier production function. It has no good meaning to talk about scale properties of inefficient observations....
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The standard DEA model can be applied to a mix of categorical and continuous variables by entering all combinations of them as different types of inputs and/or outputs. Theoretical implications for the nature of feasible peers are investigated.
Persistent link: https://www.econbiz.de/10010837266
The modelling of the interaction between production activities and the natural environment requires formulating a multioutput production function for intended and unintended outputs. The key feature when modelling joint production of intended outputs and unintended residuals is that the latter...
Persistent link: https://www.econbiz.de/10011694171
Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new regimes for electricity distributors. A sample of large electricity distribution utilities from Denmark, Finland, Norway, Sweden and the Netherlands for the year 1997 is...
Persistent link: https://www.econbiz.de/10010284240
The contributions of the paper are threefold: i) compare with mathematical rigour the Charnes, Cooper, and Rhodes DEA model and the Farrell model exhibiting constant returns to scale, ii) reinterpret the contribution of Farrell and Fieldhouse that extended the analysis to variables returns to...
Persistent link: https://www.econbiz.de/10010284320