Luenberger-Type Indicators Based on the Weighted Additive Distance Function

Posted: 19 Jul 2017

See all articles by Juan Aparicio

Juan Aparicio

University Miguel Hernandez - Center of Operations Research

Fernando Borras

Miguel Hernandez University - Center of Operations Research

Lidia Ortiz

Miguel Hernandez University - Center of Operations Research

Jesús T. Pastor

Miguel Hernandez University

Fernando Vidal

Miguel Hernandez University

Date Written: July 9, 2017

Abstract

This paper proposes two new Luenberger-type indicators, one for measuring productivity change of decision making units in the full input-output space, and the other one for determining profit inefficiency change over time when information on market prices is also available. Both approaches are based upon the recently introduced Weighted Additive Distance Function (WADF), which permits to endow the well-known Weighted Additive model in Data Envelopment Analysis (DEA) with a structure of distance function. We also show how the two indicators may be decomposed into their drivers.

Keywords: Data Envelopment Analysis, productivity change, profit inefficiency

JEL Classification: C00

Suggested Citation

Aparicio, Juan and Borras, Fernando and Ortiz, Lidia and Pastor Ciurana, Jesús Tadeo and Vidal, Fernando, Luenberger-Type Indicators Based on the Weighted Additive Distance Function (July 9, 2017). Available at SSRN: https://ssrn.com/abstract=2999300 or http://dx.doi.org/10.2139/ssrn.2999300

Juan Aparicio (Contact Author)

University Miguel Hernandez - Center of Operations Research ( email )

Instituto CIO
Av. de la Universidad s/n.
Elche (Alicante), Alicante 03202
Spain

Fernando Borras

Miguel Hernandez University - Center of Operations Research ( email )

Instituto CIO
Av. de la Universidad s/n.
Elche (Alicante), Alicante 03202
Spain

Lidia Ortiz

Miguel Hernandez University - Center of Operations Research

Instituto CIO
Av. de la Universidad s/n.
Elche (Alicante), Alicante 03202
Spain

Jesús Tadeo Pastor Ciurana

Miguel Hernandez University ( email )

Elche Campus, La Galia Building
Avda. del Ferrocarril, s/n
Elche, 03202
Spain
+34 96-665-8621 (Phone)
+34 96-665-8715 (Fax)

HOME PAGE: http://www.umh.es/frame.asp?url=/busquedas/resultados.asp?qu=Jesus%20T.%20Pastor

Fernando Vidal

Miguel Hernandez University

Elche Campus, La Galia Building
Avda. del Ferrocarril, s/n
Elche, 03202
Spain

Do you have negative results from your research you’d like to share?

Paper statistics

Abstract Views
351
PlumX Metrics