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In this note we derive alternative weighting schemes that complement those of Färe and Zelenyuk (2003) for consistent aggregation of Farrell efficiencies when the technology exhibits (global) constant returns to scale.
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Economists have long studied the efficiency of firms, industries, and entire economies. This volume brings together … leading scholars to make connections between efficiency and a number of diverse areas of current interest to economists …, including an examination of the efficiency of tax systems across generations that overlap, and the efficiency of firm mergers …
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