Scale and the Efficiency Production Function

Joaquin Millan

No 2004/02, Efficiency Series Papers from University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG)

Abstract: This paper introduces the ‘efficiency production function’ and addresses the question of what kind of efficiency effects can be independently isolated and identified from scale effects in parametric production models. Sato introduced the concept of holotheticity in order to analyze the family of production functions under which the effect of technical progress is completely transformed to apparent scale effects. In this paper, the concept of holotheticity is extended to cover the analysis of technical efficiency. Some by-results concerning the orientation of efficiency are presented.

Keywords: Efficiency production functions; homotheticity; holotheticity; returns to scale; technical efficiency (search for similar items in EconPapers)
Pages: 22
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.unioviedo.es/oeg/ESP/esp_2004_02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oeg:wpaper:2004/02

Access Statistics for this paper

More papers in Efficiency Series Papers from University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG) Departamento de Economía, Facultad de Economía y Empresa, Universidad de Oviedo, Avenida del Cristo, s/n. 33006 Oviedo - SPAIN. Contact information at EDIRC.
Bibliographic data for series maintained by Luis Orea () and David Roibas ().