The Luenberger productivity indicator: An economic specification leading to infeasibilities

This contribution points out an error in the specification of technology when computing the Luenberger productivity indicator that has been hitherto ignored in the literature. The solution of this problem increases the likelihood that the directional distance functions underlying this productivity indicator are ill-defined.

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Year of publication:	2009
Authors:	Briec, Walter ; Kerstens, Kristiaan
Published in:	Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 26.2009, 3, p. 597-600
Publisher:	Elsevier
Subject:	Luenberger productivity indicator Infeasibility

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005171221