Aggregation of Efficiency Indices

Charles Blackorby and R.R. Russell

G.R.E.Q.A.M. from Universite Aix-Marseille III

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.

Keywords: CAPITAL; TECHNOLOGY (search for similar items in EconPapers)
JEL-codes: D60 D61 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1996
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:aixmeq:96a25

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