Homotheticity, duality and efficiency measures

As a result of the duality of cost and distance functions the efficiency of cost-minimizing behaviour can be compared to shadow-prizing behaviour, and conversely. In this framework we outline the form that dual efficiency measures, Muro (1982), Muro and Vera (1983), adopt for homothetic and linearly homogeneous technologies. To illustrate the subject we provide a numerical example for a technology described by a translog cost function.

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Year of publication:	2013
Authors:	Muro, Juan ; Vera, Joaquín
Institutions:	Departamento de Economía, Facultad de Ciencias Económicas, Empresariales y Turismo
Subject:	Homothetic technologies \| linearly homogeneous technologies \| efficiency measures \| scale measures \| duality theory \| polar forms

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Extent:	application/pdf
Series:	Alcamentos.
Type of publication:	Book / Working Paper
Notes:	The price is free Number 1301 pages 16
Classification:	D24 - Production; Capital and Total Factor Productivity; Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010897894