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We have two goals we wish to accomplish in this article. The first is the development of a framework for measuring efficiency in the full input–output space. This approach introduces a graph-type extension of the Farrell measure of technical efficiency. The second is the introduction of a weighting scheme for inputs and outputs, taking account of the particularity of the market summarized by input and output prices.
Journal of Productivity Analysis – Springer Journals
Published: Sep 29, 2004
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