PROFIT EFFICIENCY, FARRELL DECOMPOSITIONS AND THE MAHLER INEQUALITY

Authors
FARE R GROSSKOPF S
Citation
R. Fare et S. Grosskopf, PROFIT EFFICIENCY, FARRELL DECOMPOSITIONS AND THE MAHLER INEQUALITY, Economics letters, 57(3), 1997, pp. 283-287
Citations number
7
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
57
Issue
3
Year of publication
1997
Pages
283 - 287
Database
ISI
SICI code
0165-1765(1997)57:3<283:PEFDAT>2.0.ZU;2-B
Abstract
We show in this letter how the well-known Farrell decomposition of cos t efficiency is a special case of the duality between the directional technology distance function and the profit function. (C) 1997 Elsevie r Science S.A.