Abstract
This paper extends two directional distance function models, the Multi-directional Efficiency Analysis (MEA) Model and the Range Directional Model (RDM), in order to account for any type of technical inefficiency, i.e. both directional and non-directional inefficiencies. We first focus on the variable returns to scale (VRS) case, because both VRS-MEA and RDM are translation invariant models, which mean that both models are able to deal with negative data. Our main result is the definition of a new comprehensive efficiency measure which is units invariant and translation invariant and covers both models. Secondly, we introduce the RDM model under constant returns to scale (CRS) together with a new comprehensive efficiency measure.
Originalsprog | Engelsk |
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Tidsskrift | Omega |
Vol/bind | 38 |
Udgave nummer | 6 |
Sider (fra-til) | 475-483 |
Antal sider | 9 |
ISSN | 0305-0483 |
DOI | |
Status | Udgivet - dec. 2010 |
Udgivet eksternt | Ja |