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Biased Technical Change and the Malmquist Productivity Index

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  • Fare, Rolf, et al
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    Abstract

    The Malmquist (1953) productivity index has many attractive features. One is that it can be expressed as the product of a technical efficiency change index and a technical change index. In this paper, the authors express the technical change index as the product of a magnitude index and a bias index. They then express the bias index as the product of an output bias index and an input bias index, and they state conditions under which each bias index makes no contribution to productivity change. Coauthors are Emili Griffell-Tatje, Shawna Grosskopf, and C. A. Knox Lovell. Copyright 1997 by The editors of the Scandinavian Journal of Economics.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.

    Volume (Year): 99 (1997)
    Issue (Month): 1 (March)
    Pages: 119-27

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    Handle: RePEc:bla:scandj:v:99:y:1997:i:1:p:119-27

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    Web page: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9442

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    Cited by:
    1. Walter Briec & Kristiaan Kerstens, 2011. "The Hicks–Moorsteen Productivity Index Satisfies The Determinateness Axiom," Manchester School, University of Manchester, vol. 79(4), pages 765-775, 07.
    2. Mette Asmild & Fai Tam, 2007. "Estimating global frontier shifts and global Malmquist indices," Journal of Productivity Analysis, Springer, vol. 27(2), pages 137-148, April.
    3. Tsunehiro Otsuki, 2009. "Systematized and Path-independent Measurement of Biased Technical Change," Discussion Papers in Economics and Business 09-11, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
    4. Pedro Cantos & José Pastor & Lorenzo Serrano, 1999. "Productivity, efficiency and technical change in the European railways: A non-parametric approach," Transportation, Springer, vol. 26(4), pages 337-357, November.
    5. Cuadras-Morató, Xavier & Castro, Ángel S. Fernández & Rosés, Joan R., 2002. "Productividad, competencia e innovación en la banca privada española (1900–1914)," Revista de Historia Económica, Cambridge University Press, vol. 20(03), pages 543-575, December.
    6. Christos Pantzios & Vangelis Tzouvelekas & Giannis Karagiannis, 2005. "Parametric Decomposition of the Input-Oriented Malmquist Productivity Index: With an Application to Greek Aquaculture," Working Papers 0518, University of Crete, Department of Economics.
    7. Kumar, Surender, 2004. "Decomposition of total factor productivity growth: A regional analysis of Indian industrial manufacturing growth," Working Papers 04/22, National Institute of Public Finance and Policy.
    8. Walter Briec & Nicolas Peypoch, 2007. "Biased Technical Change and Parallel Neutrality," Journal of Economics, Springer, vol. 92(3), pages 281-292, December.
    9. Joaquín Maudos Villarroya & José Manuel Pastor Monsálvez & Lorenzo Serrano Martínez, 1998. "- Human Capital In Oecd Countries: Technical Change, Efficency And Productivity," Working Papers. Serie EC 1998-19, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    10. Shabbar Jaffry & Yaseen Ghulam & Sean Pascoe & Joe Cox, 2005. "Regulatory Changes and Productivity of the Banking Sector in the Indian Sub-Continent," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 1021-1047.

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