Nonparametric cost and revenue functions under constant economies of scale: A simplification for the single output or input case
AbstractThis note shows how the linear programs needed to compute cost and revenue functions under constant returns to scale and a single output or input, respectively, can be replaced with a more efficient enumeration algorithm. An empirical illustration shows the gain in computer time one can obtain.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Hogeschool-Universiteit Brussel, Faculteit Economie en Management in its series Working Papers with number 2011/12.
Length: 8 page
Date of creation: Sep 2011
Date of revision:
nonparametric cost and revenue functions;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
- Atkinson, Scott E. & Dorfman, Jeffrey H., 2005.
"Feasible Estimation of Firm-Specific Allocative Inefficiency through Bayesian Numerical Methods,"
2005 Annual meeting, July 24-27, Providence, RI
19402, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Scott E. Atkinson & Jeffrey H. Dorfman, 2009. "Feasible estimation of firm-specific allocative inefficiency through Bayesian numerical methods," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(4), pages 675-697.
- S. Illeris & G. Akehurst, 2001. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 21(1), pages 1-4, January.
- DE BORGER, Bruno & KERSTENS, Kristiaan & STAAT, Matthias, 2008.
"Transit costs and cost efficiency: Bootstrapping non-parametric frontiers,"
2008012, University of Antwerp, Faculty of Applied Economics.
- de Borger, Bruno & Kerstens, Kristiaan & Staat, Matthias, 2008. "Transit costs and cost efficiency: Bootstrapping non-parametric frontiers," Research in Transportation Economics, Elsevier, vol. 23(1), pages 53-64, January.
- Bruno De Borger & Kristiaan Kerstens & Matthias Staat, 2008. "Transit Costs and Cost Efficiency: Bootstrapping Nonparametric Frontiers," Working Papers 2008-ECO-08, IESEG School of Management.
- Fare, Rolf & Grosskopf, Shawna & Lovell, C A Knox, 1983. " The Structure of Technical Efficiency," Scandinavian Journal of Economics, Wiley Blackwell, vol. 85(2), pages 181-90.
- R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabine Janssens).
If references are entirely missing, you can add them using this form.