Learn More
The purpose of this paper is to develop models with and without potential emissions trading and to compare industry profits under the two regimes. The model in which emissions trading is permitted is a nonparametric industry frontier model in the spirit of Färe et al. (1992). It is relative to this model that industry profit is computed. This profit is(More)
OBJECTIVES The authors compute and compare productivity growth in the health-care sectors for a sample of Organization for Economic Cooperation and Development countries over the period from 1974 to 1989. The authors compute Malmquist productivity indexes, which allow productivity growth to be decomposed into efficiency changes and technical change. These(More)
The objective of this research was the development of a method that integrated an activity analysis model of profits from production with a biophysical model, and included the capacity for optimization over multiple objectives. We specified a hybrid genetic algorithm using activity analysis as a local search method, and NSGA-II for calculation of the(More)