Productivity and Undesirable Outputs: A
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Y.H. Chung; R. FΓ€re; S. Grosskopf
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Article
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1997
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Elsevier Science
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English
β 267 KB
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