Two alternative estimation models, i.e., a translog cost function and data envelopment analysis (DEA) based on a cost model are compared and contrasted in revealing scale economies in the Indian commercial banking sector. The empirical results indicate that while the translog cost model exhibits...

Purpose – The purpose of this paper is to construct a robust macroeconomic performance (MEP) index of the State economies of an emerging market economy, i.e. India. Design/methodology/approach – Two variants of data envelopment analysis (DEA) models – radial and non-radial – are proposed...

For measuring technical efficiency relative to a log-linear technology, a generalized multiplicative directional distance function (GMDDF) is developed using the framework of multiplicative directional distance function (MDDF). Furthermore, a computational procedure is suggested for its...