Scale and the Malmquist productivity index
AbstractThe Malmquist index has gained acceptability in empirical analyses of productivity in recent years. Some question has been raised concerning the index's ability to accurately portray productivity change in the presence of nonconstant returns to scale. This letter demonstrates that the index does accurately measure productivity change under an appropriate characterization of technology.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 6 (1999)
Issue (Month): 9 ()
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- Pierre Ouellette & Valérie Vierstraete, 2008. "Malmquist indexes with quasi-fixed inputs: An application to school districts in Québec," Cahiers de recherche 08-25, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.
- Sueyoshi, Toshiyuki & Sekitani, Kazuyuki, 2009. "An occurrence of multiple projections in DEA-based measurement of technical efficiency: Theoretical comparison among DEA models from desirable properties," European Journal of Operational Research, Elsevier, vol. 196(2), pages 764-794, July.
- Halkos, George & Tzeremes, Nickolaos, 2006. "A note on the choice of Malmquist productivity index and Malmquist total factor productivity index," MPRA Paper 32083, University Library of Munich, Germany.
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