Titlebook: Industrial Price, Quantity, and Productivity Indices; The Micro-Economic T Bert M. Balk Book 1998 Springer Science+Business Media New York

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Primal Representations of the Technology,istance functions, the technical efficiency measures, the concepts of homotheticity, global constant returns to scale, and Hicks neutrality. Finally, we will discuss measures of local scale elasticity, and provide an interpretation of local constant returns to scale.

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Profit Function Based Indices and Indicators,e of the assumptions made in the previous section. Using the recently developed concept of a directional distance function it appears possible to define primal and dual productivity indicators in difference form. Their nonparametric approximations appear to coincide.

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The Output Side of the Firm: Indirect Functions and Indices,rametric approximations. In section 6.3 we turn to the indirect output based productivity indices. Using additional assumptions it appears possible to derive nonparametric approximations to specific instances of these indices.

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