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Deregulation and dairy production systems: a Bayesian distance function approach

✍ Scribed by Johannes Sauer

Book ID
106506091
Publisher
Springer
Year
2010
Tongue
English
Weight
445 KB
Volume
34
Category
Article
ISSN
0895-562X

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Undesirable outputs are often produced together with desirable outputs. This joint production of good and bad outputs is typically ignored in traditional measures of productivity since "prices" are typically unavailable for bad outputs. Here we introduce a directional distance function and use it as