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Luenberger-type indicators based on the weighted additive distance function

Author

Listed:
  • Juan Aparicio

    () (University Miguel Hernandez of Elche)

  • Fernando Borras

    (University Miguel Hernandez of Elche)

  • Lidia Ortiz

    (University Miguel Hernandez of Elche)

  • Jesus T. Pastor

    (University Miguel Hernandez of Elche)

  • Fernando Vidal

    (University Miguel Hernandez of Elche)

Abstract

This paper proposes two new Luenberger-type indicators, one for measuring productivity change of decision making units in the full input–output space, and the other for determining profit inefficiency change over time when information on market prices is also available. Both approaches are based upon the recently introduced weighted additive distance function, which permits the well-known weighted additive model in data envelopment analysis to be endowed with a distance function structure. We also show how the two indicators may be decomposed into their drivers.

Suggested Citation

  • Juan Aparicio & Fernando Borras & Lidia Ortiz & Jesus T. Pastor & Fernando Vidal, 2019. "Luenberger-type indicators based on the weighted additive distance function," Annals of Operations Research, Springer, vol. 278(1), pages 195-213, July.
  • Handle: RePEc:spr:annopr:v:278:y:2019:i:1:d:10.1007_s10479-017-2620-2
    DOI: 10.1007/s10479-017-2620-2
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    References listed on IDEAS

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    Cited by:

    1. Aparicio, J. & Zofío, J.L., 2019. "New Definitions of Economic Cross-Efficiency," ERIM Report Series Research in Management ERS-2019-010-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.

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