Work

On the pricing of undesirable state-contingent outputs

Year: 2014
Type: article
Abstract: This paper adapts the models of Frisch (1965) and Murty and Russell (2006) on the modelling of undesirable outputs to a state-contingent setting with a specific emphasis on agricultural production technologies. The Chambers and Färe (2008) approach to calculating shadow prices for DEA technologies is extended to encompass state-contingent production problems. These contributions are implemented empirically using a dataset obtained from a survey of Catalan farmers.
Language: English
Open Access status: green
OpenAlex ID: W2149947500
FWCI: 2.52
Cites: 15
Cited by: 34
Related to: 10