Scale efficiency and homotheticity: equivalence of primal and dual measures

Zelenyuk, Valentin (2014) Scale efficiency and homotheticity: equivalence of primal and dual measures. Journal of Productivity Analysis, 42 1: 15-24. doi:10.1007/s11123-013-0361-z

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Author Zelenyuk, Valentin
Title Scale efficiency and homotheticity: equivalence of primal and dual measures
Journal name Journal of Productivity Analysis   Check publisher's open access policy
ISSN 0895-562X
Publication date 2014-08-01
Year available 2013
Sub-type Article (original research)
DOI 10.1007/s11123-013-0361-z
Open Access Status Not Open Access
Volume 42
Issue 1
Start page 15
End page 24
Total pages 10
Place of publication New York, United States
Publisher Springer
Language eng
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 structures from Shephard (Theory of cost and production functions, Princeton studies in mathematical economics. Princeton University Press, Princeton, 1970).
Keyword Production theory
Scale efficiency
Duality theory
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Published online ahead of print 4 August 2013.

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2014 Collection
School of Economics Publications
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Citation counts: TR Web of Science Citation Count  Cited 5 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 4 times in Scopus Article | Citations
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Created: Thu, 09 Jan 2014, 21:13:48 EST by Alys Hohnen on behalf of School of Economics