This study focuses on the development of new, non-parametric efficiency measures based on the idea of aggregation via merging functions. We use Shephard's (1970) axiomatic approach of distance functions as the basis for theoretical methodology. In particular, this approach is a background for non-parametric efficiency measures defined on a linearly...
In this work I integrate some of my recent research developments in the theory and practice of Productivity and Efficiency Analysis of Economic Systems. In particular, I present some new theoretical relationships between various measures of efficiency and productivity, propose new solutions to some aggregation problems in efficiency analysis and...