distance functions in which direction
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When non-zero directions are used for inputs and outputs, the directional distance function is technology-oriented. The choice of the direction of movement of a firm toward the frontier clearly affects measures of all structural parameters as well as the distance from a multiple-output production frontiers
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When non-zero directions are used for inputs and outputs, the directional distance function is technology-oriented. The choice of the direction of movement of a firm toward the frontier clearly affects measures of all structural parameters as well as the distance from a multiple-output production frontier.
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