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Analysing the effect of technical change on individual outputs using modified quasi-Malmquist indexes

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  • I Herrero

    (Universidad Pablo de Olavide)

  • S Pascoe

    (Centre for the Economics and Management of Aquatic Resources (CEMARE), University of Portsmouth)

Abstract

Malmquist indexes can be used to estimate technical change over time. The index generally represents the average effect of technical change on all outputs in a multi-output firm. However, changes in technology do not necessarily affect all outputs involved in the analysis equally. In this paper, a method for estimating the effect of technical change on each of the different outputs is proposed. This estimation is done by a modification of quasi-Malmquist indexes. An artificial data set has been used to validate the method proposed in this paper.

Suggested Citation

  • I Herrero & S Pascoe, 2004. "Analysing the effect of technical change on individual outputs using modified quasi-Malmquist indexes," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(10), pages 1081-1089, October.
  • Handle: RePEc:pal:jorsoc:v:55:y:2004:i:10:d:10.1057_palgrave.jors.2601787
    DOI: 10.1057/palgrave.jors.2601787
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    References listed on IDEAS

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    Cited by:

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    2. Álvarez, Antonio, 2003. "Econometric Estimation of Fishing Production Functions when Stocks is Unknown: A Monte Carlo Analysis," Efficiency Series Papers 2003/09, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    3. Liu, Fuh-Hwa Franklin & Wang, Peng-hsiang, 2008. "DEA Malmquist productivity measure: Taiwanese semiconductor companies," International Journal of Production Economics, Elsevier, vol. 112(1), pages 367-379, March.
    4. Huerta, Timothy R. & Thompson, Mark A. & Ford, Eric W. & Ford, William F., 2013. "Implementing electronic lab order entry management in hospitals: Incremental strategies lead to better productivity outcomes," International Journal of Information Management, Elsevier, vol. 33(1), pages 40-47.

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