Kuosmanen, Timo and Podinovski, Victor V.. (2009) Weak disposability in nonparametric production analysis: reply to Fare and Grosskopf. American Journal of Agricultural Economics, Vol.91 (No.2). pp. 539-545. ISSN 0002-9092

Full text not available from this repository.

Abstract

Fare and Grosskopf (this issue) claim that a single abatement factor suffices for modeling weak disposability in nonparametric production models, and that the Kuosmanen (2005) technology that uses multiple abatement factors is larger than necessary. This article demonstrates by a numerical example that a single abatement factor does not suffice to capture all feasible production plans, and that its use leads to the violation of convexity, one of the maintained assumptions of the model. We also prove that the Kuosmanen technology is the correct minimum extrapolation technology under the stated axioms.

Item Type:	Journal Article
Subjects:	S Agriculture H Social Sciences > HC Economic History and Conditions
Divisions:	Faculty of Social Sciences > Warwick Business School
Journal or Publication Title:	American Journal of Agricultural Economics
Publisher:	Wiley-Blackwell Publishing, Inc.
ISSN:	0002-9092
Date:	May 2009
Volume:	Vol.91
Number:	No.2
Number of Pages:	7
Page Range:	pp. 539-545
Identification Number:	10.1111/j.1467-8276.2008.01238.x
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
URI:	http://wrap.warwick.ac.uk/id/eprint/28184

Data sourced from Thomson Reuters' Web of Knowledge

Request changes to a record

Actions (login required)

View Item