@techreport{a5a003527419449483c36b1e3214c32b,
title = "Exact and superlative measurement of the Luenberger-Hicks-Moorsteen productivity indicator",
abstract = "This paper shows that the Bennet-Bowley profit indicator is an exact and superlative approximation of the additively complete Luenberger-Hicks-Moorsteen productivity indicator when the input and output directional distance functions can be represented up to the second order by a quadratic functional form. It also establishes the conditions under which the exact and superlative measures of the Luenberger productivity indicator and Luenberger-Hicks-Moorsteen productivity indicator coincide.",
keywords = "Bennet-Bowley, difference-based indicator, exact and superlative approximation, total factor productivity, Bennet-Bowley, difference-based indicator, exact and superlative approximation, total factor productivity",
author = "Frederic Ang and Kerstens, \{Pieter Jan\}",
year = "2017",
language = "English",
series = "Working Paper Series / Swedish University of Agricultural Sciences, Department of Economics",
publisher = "Department of Economics, Swedish University of Agricultural Sciences",
number = "2017:01",
address = "Sweden",
type = "WorkingPaper",
institution = "Department of Economics, Swedish University of Agricultural Sciences",
}