Russell and Slack-Based Measures of Efficiency: A Unifying Framework

Léopold Simar (), Valentin Zelenyuk and Shirong Zhao ()
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Léopold Simar: Institut de Statistique, Biostatistique et Sciences Actuarielles, Université Catholique de Louvain, Voie du Roman Pays 20, B1348 Louvain-la-Neuve, Belgium
Shirong Zhao: School of Finance, Dongbei University of Finance and Economics, Dalian, Liaoning 116025

No WP092023, CEPA Working Papers Series from University of Queensland, School of Economics

Abstract: We propose a unifying framework for the slack-based measurement of technical efficiency that also embraces Russell efficiency and many other important approaches of efficiency measures as special cases in this unified framework.

Keywords: Russell Efficiency; Slack-Based Efficiency; Non-parametric Efficiency Estimators; Data Envelopment Analysis (search for similar items in EconPapers)
JEL-codes: C14 L24 L25 (search for similar items in EconPapers)
Date: 2023-11
New Economics Papers: this item is included in nep-eff
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https://economics.uq.edu.au/files/48148/WP092023.pdf (application/pdf)

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Journal Article: Russell and slack-based measures of efficiency: A unifying framework (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:qld:uqcepa:191

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