Mixed partial elasticities in constant returns-to-scale production technologies
Atici, Kazim Baris and Podinovski, Victor V.. (2012) Mixed partial elasticities in constant returns-to-scale production technologies. European Journal of Operational Research, Vol.220 (No.1). pp. 262-269. ISSN 0377-2217Full text not available from this repository.
Official URL: http://dx.doi.org/10.1016/j.ejor.2012.01.034
Recently, Podinovski and Førsund (2010) developed a linear programming approach to the analysis and calculation of a class of mixed partial elasticity measures in variable returns-to-scale (VRS) production technologies. In the current paper, we extend their approach to the constant returns-to-scale (CRS) technologies and formulate linear programs required for the computation of elasticity measures. Among other results obtained in this paper, we prove a new result, valid in both VRS and CRS technologies, that allows us to identify the reason why the corresponding elasticity measure is undefined at the unit. This removes the need for a preliminary sorting of the units into those units where the elasticity measure applies and those where it does not. © 2012 Elsevier B.V. All rights reserved.
|Item Type:||Journal Article|
|Divisions:||Faculty of Social Sciences > Warwick Business School > Operational Research & Management Sciences
Faculty of Social Sciences > Warwick Business School
|Journal or Publication Title:||European Journal of Operational Research|
|Publisher:||Elsevier Science BV|
|Date:||1 July 2012|
|Page Range:||pp. 262-269|
|Access rights to Published version:||Restricted or Subscription Access|
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