A Proportional Scale-Invariant Measurement of Heterogeneous Directional Distances to the Technological Frontier

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Summary

This work considers a stochastic multiplicative-directional-distance-function-based formulation of the production technology in the presence of bad outputs that preserves the highly desired scale invariance property of the proportional radial distance function and can easily assume popular translog specification.

Type
article
Published
2017-11-01
Cited by
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Open access

Keywords

Scale (ratio), Scale invariance, Invariant (physics), Mathematics, Frontier

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