Ang, Frederic and Kerstens, Pieter Jan
(2017).
Exact and superlative measurement of the Luenberger-Hicks-Moorsteen productivity indicator.
Uppsala:
(NL, NJ) > Dept. of Economics, Sveriges lantbruksuniversitet.
Working paper series / Swedish University of Agricultural Sciences, Department of Economics
; 2017:01
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Abstract
This paper shows that the Bennet-Bowley profit indicator is an exact and superlative approximation of the additively complete Luenberger-Hicks-Moorsteen productivity indicator when the input and output directional distance functions can be represented up to the second order by a quadratic functional form. It also establishes the conditions under which the exact and superlative measures of the Luenberger productivity indicator and Luenberger-Hicks-Moorsteen productivity indicator coincide.
Authors/Creators: | Ang, Frederic and Kerstens, Pieter Jan |
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Title: | Exact and superlative measurement of the Luenberger-Hicks-Moorsteen productivity indicator |
Series Name/Journal: | Working paper series / Swedish University of Agricultural Sciences, Department of Economics |
Year of publishing : | 2017 |
Depositing date: | 13 September 2017 |
Number: | 2017:01 |
Number of Pages: | 10 |
Place of Publication: | Uppsala |
Publisher: | Department of Economics, Swedish University of Agricultural Sciences |
ISSN: | 1401-4068 |
Language: | English |
Publication Type: | Report |
Article category: | Other scientific |
Full Text Status: | Public |
Agris subject categories.: | E Economics, development, and rural sociology > E16 Production economics X Agricola extesions > X70 Economics and management |
Subjects: | (A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics |
Agrovoc terms: | economics, economic theories, productivity, production economics, production factors, economic systems |
Keywords: | Bennet-Bowley, difference-based indicator, total factor productivity,, exact and superlative approximation |
URN:NBN: | urn:nbn:se:slu:epsilon-e-4350 |
Permanent URL: | http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-4350 |
ID Code: | 14431 |
Faculty: | NJ - Fakulteten för naturresurser och jordbruksvetenskap |
Department: | (NL, NJ) > Dept. of Economics |
Deposited By: | SLUpub Connector |
Deposited On: | 13 Sep 2017 07:50 |
Metadata Last Modified: | 13 Sep 2017 07:50 |
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