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Aggregation of Efficiency Indices

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Author Info
Blackorby, C.
Russell, R.R.

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Abstract

This paper provides necessary and sufficient conditions for input (or output) aggregation of efficiency indices. As such it parallels earlier arguments in the capital aggregation literature. The resulting quantity-dependent indices provide a rationalisation of the Debreu/Farrell efficiency measures, albeit for a restrictive class of technologies.

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Publisher Info
Paper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 96a25.

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Length: 17 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:aixmeq:96a25

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Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
Phone: 04.91.14.07.70
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Web page: http://www.vcharite.univ-mrs.fr/GREQAM/
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Related research
Keywords: CAPITAL; TECHNOLOGY;

Find related papers by JEL classification:
D60 - Microeconomics - - Welfare Economics - - - General
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

Cited by:
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  1. Timo Kuosmanen & Laurens Cherchye & Timo Sipiläinen, 2003. "The Law of One Price in Data Envelopment Analysis: Restricting Weight Flexibility Across Firms," Microeconomics 0312006, EconWPA, revised 18 Dec 2003. [Downloadable!]
    Other versions:
  2. Timo Kuosmanen & Mika Kortelainen & Timo Sipiläinen & Laurens Cherchye, 2005. "Firm and Industry Level Profit Efficiency Analysis Under Incomplete Price Data: A Nonparametric Approach based on Absolute and Uniform Shadow Prices," Microeconomics 0509011, EconWPA. [Downloadable!]
  3. Raa, Thijs ten, 2006. "The theory of benchmarking and the measurement of industrial organization," Discussion Paper 53, Tilburg University, Center for Economic Research. [Downloadable!]
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