Aggregation of Efficiency Indices.

This paper provides necessary and sufficient conditions for input (or output) aggregation of efficiency indices. As such it parallels earlier arguments in the capital aggregation literature. The resulting quantity-dependent indices provide a rationalisation of the Debreu/Farrell efficiency measures, albeit for a restrictive class of technologies.

MoreLess

Year of publication:	1996
Authors:	Blackorby, C. ; Russell, R.R.
Institutions:	Groupement de Recherche en Économie Quantitative d'Aix-Marseille (GREQAM), Aix-Marseille School of Economics (AMSE)
Subject:	CAPITAL \| TECHNOLOGY

More details

Series:	G.R.E.Q.A.M..
Type of publication:	Book / Working Paper
Notes:	17 pages
Classification:	D60 - Welfare Economics. General ; D61 - Allocative Efficiency; Cost-Benefit Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005779654