Article ID Journal Published Year Pages File Type
5055846 Economic Modelling 2009 4 Pages PDF
Abstract

This contribution points out an error in the specification of technology when computing the Luenberger productivity indicator that has been hitherto ignored in the literature. The solution of this problem increases the likelihood that the directional distance functions underlying this productivity indicator are ill-defined.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The Luenberger productivity indicator: An economic specification leading to infeasibilities
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