On Estimating Optimal Alpha-Returns to Scale
Document type :
Compte-rendu et recension critique d'ouvrage
Title :
On Estimating Optimal Alpha-Returns to Scale
Author(s) :
Boussemart, Jean Philippe [Auteur]
Lille économie management - UMR 9221 [LEM]
Briec, Walter [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Ravelojaona, Paola [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Lille économie management - UMR 9221 [LEM]
Briec, Walter [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Leleu, Herve [Auteur]
Lille économie management - UMR 9221 [LEM]
Ravelojaona, Paola [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Journal title :
Journal of the Operational Research Society
Pages :
1-11
Publisher :
Palgrave Macmillan
Publication date :
2017
ISSN :
0160-5682
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
From a theoretical point of view, -returns to scale is a relevant alternative to traditional DEA models for estimating production technologies under global returns to scale assumptions such as strictly increasing or strictly ...
Show more >From a theoretical point of view, -returns to scale is a relevant alternative to traditional DEA models for estimating production technologies under global returns to scale assumptions such as strictly increasing or strictly decreasing returns to scale. However, from a methodological and empirical point of view, a remaining question is the estimation of . This contribution proposes an effective methodology to estimate an optimal value of based upon a goodness-of-fit strategy. A global method using a grid search is presented first. Second, for generalised FDH technologies, a minimum extrapolation principle is developed to estimate directly the optimal -returns from a linear program. An illustration on 63 US industries over the period 1987-2012 shows the relevancy of our approach.Show less >
Show more >From a theoretical point of view, -returns to scale is a relevant alternative to traditional DEA models for estimating production technologies under global returns to scale assumptions such as strictly increasing or strictly decreasing returns to scale. However, from a methodological and empirical point of view, a remaining question is the estimation of . This contribution proposes an effective methodology to estimate an optimal value of based upon a goodness-of-fit strategy. A global method using a grid search is presented first. Second, for generalised FDH technologies, a minimum extrapolation principle is developed to estimate directly the optimal -returns from a linear program. An illustration on 63 US industries over the period 1987-2012 shows the relevancy of our approach.Show less >
Language :
Anglais
Popular science :
Non
Collections :
Source :
Files
- http://www.ieseg.fr/wp-content/uploads/2012/03/2016-EQM-01_Leleu.pdf
- Open access
- Access the document
- 2016-EQM-01_Leleu.pdf
- Open access
- Access the document