Primal Representations of the Technology

  • Bert M. Balk
Chapter

Abstract

This chapter reviews and extends some basic materials. Starting with the most general description of a technology, we introduce the input and output distance functions, the technical efficiency measures, the concepts of homotheticity, global constant returns to scale, and Hicks neutrality. Finally, we will discuss measures of local scale elasticity, and provide an interpretation of local constant returns to scale.

Keywords

Productivity Index Optimal Scale Primal Representation Output Distance Function Linear Homogeneity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • Bert M. Balk
    • 1
  1. 1.Statistics NetherlandsThe Netherlands

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