On Estimating Optimal Alpha-Returns to Scale

Boussemart, Jean-Philippe; Briec, Walter; Leleu, Herve; Ravelojaona, Paola

Document type :

Article dans une revue scientifique

DOI :

10.1080/01605682.2017.1418148

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]

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
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 >

Language :

Anglais

Peer reviewed article :

Oui

Audience :

Internationale

Popular science :

Non

Collections :