DERIVATION OF SHADOW PRICES FOR UNDESIRABLE OUTPUTS - A DISTANCE FUNCTION-APPROACH

被引：499

作者：

FARE, R

GROSSKOPF, S

LOVELL, CAK

YAISAWARNG, S

机构：

[1] SO ILLINOIS UNIV, CARBONDALE, IL 62901 USA

[2] UNIV N CAROLINA, CHAPEL HILL, NC 27514 USA

[3] UNION COLL, SCHENECTADY, NY 12308 USA

来源：

REVIEW OF ECONOMICS AND STATISTICS | 1993年 / 75卷 / 02期

关键词：

D O I：

10.2307/2109448

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Many production activities generate undesirable byproducts in conjunction with the desirable outputs they produce. Pittman (1983) showed how to adjust productivity calculations, and Fare et al. (1989) showed how to adjust efficiency measures, in the presence of undesirable outputs. Here we show how to estimate output distance functions as frontiers in order to generate shadow values of the undesirable outputs that are required to make both types of adjustment. An empirical application is provided.

引用

页码：374 / 380

页数：7

共 12 条

[1]

AIGNER DJ, 1968, AM ECON REV, V58, P826

[2] ON PRICE EFFICIENCY [J].