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
- 0
- References
- 0
- Access
- Open access
- OpenAlex
- https://openalex.org/W2768113482
- Semantic Scholar
- https://api.semanticscholar.org/CorpusID:126340531
Keywords
Scale (ratio), Scale invariance, Invariant (physics), Mathematics, Frontier
References
- Optimal Directions for Directional Distance Functions: An Exploration of Potential Reductions of Greenhouse Gases
- Explaining the dramatic changes in performance of US banks: technological change, deregulation, and dynamic changes in competition
- Who said large banks don’t experience scale economies? Evidence from a risk-return-driven cost function
- Explaining The Dramatic Changes In Performance Of U.S. Banks: Technological Change, Deregulation, And Dynamic Changes In Competition
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