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OALib Journal期刊
ISSN: 2333-9721
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匹配条件: “Andrea Hettig” ,找到相关结果约19882条。
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Lerner Index, Productive Efficiency and Homotheticity
[PDF]
Andrea Mantovi
Theoretical Economics Letters (TEL)
,
2015,
DOI: 10.4236/tel.2015.53042
et
al. (2014) set forth a decomposition of the Lerner index, which results in
a function on the full space ?of input and output
prices and quantities, such that the effect of the Farrell output measure of
technical efficiency is explicit. In close correspondence, a decomposition of
the Lerner index is established in which allocative efficiency (in both
standard and reversed form, as defined by Bogetoft et al., 2006) complements the effect of input technical efficiency,
with the reversed decomposition bound to the hypothesis of homotheticity. The
resulting functions on ?are conjectured to
define pregnant perspectives on the benchmark relevance of homothetic models,
and their generalizations to multiple output.
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