Productivity and Undesirable Outputs: A Directional Distance Function Approach

Undesirable outputs are often produced together with desirable outputs. This joint production of good and bad outputs brings about a difficulty for productivity measurement. Here we introduce a directional distance function and use it as a component in a new productivity index. This index, as an empirical example shows, seems to solve the problem caused by the joint production of good and bad outputs.

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Year of publication:	1995-11-07
Authors:	Chung, Yangho ; Fare, Rolf
Institutions:	EconWPA
Subject:	productivity & efficiency measurement \| joint products \| distance functions

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Extent:	application/msword text/html application/pdf application/postscript
Series:	Microeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - WordPerfect 5.1; prepared on IBM-compatible PC; to print on HP LaserJet 3 (1Mb memory); pages: 18; figures: included within WP5.1 document. Single binary WP5.1 document 'put' by anonymous FTP. Visit our working paper Web page! Point your Web browser to 18 pages
Classification:	D1 - Household Behavior and Family Economics ; D2 - Production and Organizations ; D3 - Distribution ; D4 - Market Structure and Pricing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005077056