返回
Exponential distance function and duality theory
DOI:10.1016/j.ejor.2020.11.037.png)
摘要
En 中文
Charnes, Cooper, Seiford, and Stutz (1982, 1983) and Banker and Maindiratta (1986) suggested multiplicative radial measures for efficiency gauging. More recently, Peyrache and Coelli (2009) presented a multiplicative directional distance function that was elaborated by Mehdiloozad, Sahoo, and Roshdi (2014). In this paper, we extend these studies and propose an exponential approach based upon a new exponential distance function endowed with a multiplicative production structure. The main purposes of this paper are twofold: one is to provide a general production theoretic basis for the approach and the other is to extend it to a nonparametric framework. The first purpose is accomplished as follows: (1) the exponential distance function is formally defined and its properties are established; (2) it is shown how the exponential distance function is characterized under a Napierian technology; (3) a duality relationship between Napierian profit and the exponential distance functions is established; (4) shadow prices of inputs and outputs are derived based on the Napierian technology. The second purpose is accomplished by providing nonparametric programming extensions, which include data envelopment analysis (DEA) models, productivity indexes and returns to scale models. Here, the efficacy of our nonparametric theoretical results is demonstrated by applying DEA to the data on accommodation establishments in OECD. (C) 2020 Published by Elsevier B.V.
Keyword:
Data envelopment analysis
Exponential distance function
Technical efficiency
Log-convexity
Cobb-Douglas structure
AI总结
对已上传原文的论文进行重点信息的提取,主要内容包括:简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
6
论文数:
2.2W
被引数:
6.4W
机构
引用论文
Comparison of destination competitiveness ranking in the European Union using a non-parametric approach
TOURISM ECONOMICS
IF3.2

