The Luenberger Productivity Indicator: An Economic Specifcation Leading to Infeasibilities

Walter Briec (briec@univ-perp.fr) and Kristiaan Kerstens
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Walter Briec: University of Perpignan

No 2008-ECO-09, Working Papers from IESEG School of Management

Abstract: This contribution points out a minor problem in the specifcation 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.

Keywords: Luenberger productivity indicator; infeasibility (search for similar items in EconPapers)
JEL-codes: C43 D21 D24 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2008-09
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Published in Economic Modelling, May 2009, 26(3), pp. 597-600

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Related works:
Journal Article: The Luenberger productivity indicator: An economic specification leading to infeasibilities (2009)
Working Paper: The Luenberger Productivity Indicator: An Economic Specification Leading to Infeasibilities (2009)
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