Scale Efficiency and Homotheticity: Equivalence of Primal and Dual Measures

Valentin Zelenyuk

No WP022013, CEPA Working Papers Series from University of Queensland, School of Economics

Abstract: We address the issue of equivalence of primal and dual measures of scale efficiency in general production theory framework. We find that particular types of homotheticity of technologies, which we refer to here as scale homotheticity, provide necessary and sufficient condition for such equivalence. We also identify the case when the scale homotheticity is equivalent to the homothetic structure from Shephard (1970).

Date: 2013-02
New Economics Papers: this item is included in nep-eff
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Scale efficiency and homotheticity: equivalence of primal and dual measures (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:qld:uqcepa:85

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