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
[Report]
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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 |
|---|---|
| Title: | Exact and superlative measurement of the Luenberger-Hicks-Moorsteen productivity indicator |
| Series/Journal: | Working paper series / Swedish University of Agricultural Sciences, Department of Economics (1401-4068) |
| 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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