Exact Relations Between Four Definitions Of Productivity Indices And Indicators
Generalizing earlier approximation results, we establish exact relations between the Luenberger productivity indicator and the Malmquist productivity index under rather mild assumptions. Furthermore, we show that similar exact relations can be established between the Luenberger-Hicks-Moorsteen indicator and the Hicks-Moorsteen index.
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Volume (Year): 64 (2012)
Issue (Month): 2 (04)
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