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Title: Returns to scale in convex production technologies
Authors: Podinovski, Victor V.
Keywords: Data envelopment analysis
Convex technology
Scale elasticity
Returns to scale
Issue Date: 2016
Publisher: © Elsevier
Citation: PODINOVSKI, V.V., 2016. Returns to scale in convex production technologies. European Journal of Operational Research, 258 (3), pp.970-982.
Abstract: The notion of returns to scale (RTS) is well-established in data envelopment analysis (DEA). In the variable returns-to-scale production technology, the RTS characterization is closely related to other scale characteristics, such as the scale elasticity, most productive scale size (MPSS), and global RTS types indicative of the direction to MPSS. In recent years, a number of alternative production technologies have been developed in the DEA literature. Most of these technologies are polyhedral, and hence are closed and convex sets. Examples include technologies with weakly disposable undesirable outputs, models with weight restrictions and production trade-offs, technologies that include several component production processes, and network DEA models. For most of these technologies, the relationship between RTS and other scale characteristics has remained unexplored. The theoretical results obtained in this paper establish such relationships for a very large class of closed convex technologies, of which polyhedral technologies are an important example.
Description: This paper was published in the journal European Journal of Operational Research and the definitive published version is available at https://doi.org/10.1016/j.ejor.2016.09.029.
Version: Accepted for publication
DOI: 10.1016/j.ejor.2016.09.029
URI: https://dspace.lboro.ac.uk/2134/22674
Publisher Link: http://dx.doi.org/10.1016/j.ejor.2016.09.029
ISSN: 0377-2217
Appears in Collections:Published Articles (Business)

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