IDEAS home Printed from https://ideas.repec.org/p/qld/uqcepa/134.html
   My bibliography  Save this paper

On Paasche and Laspeyers Malmquist Indexes: A Comment on Diewert and Fox (2017)

Author

Listed:

Abstract

In their recent article, Diewert and Fox (2017), proposed what appears to be the first time a theoretical justification for the geometric average form of the Bjurek productivity index (also known as Hicks-Moorsteen productivity index). The goal of this note is to provide another theoretical justification. We focus on the Malmquist input quantity indexes, a component of the Hicks-Moorsteen-Bjurek index.

Suggested Citation

  • Rolf Färe & Valentin Zelenyuk, 2019. "On Paasche and Laspeyers Malmquist Indexes: A Comment on Diewert and Fox (2017)," CEPA Working Papers Series WP042019, School of Economics, University of Queensland, Australia.
    • Handle: RePEc:qld:uqcepa:134
    as

    Download full text from publisher

    File URL: https://economics.uq.edu.au/files/13106/WP042019.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rolf Fare & Valentin Zelenyuk, 2005. "On Farrell's Decomposition and Aggregation," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 4(2), pages 167-171, August.
    2. Chambers,Robert G., 1988. "Applied Production Analysis," Cambridge Books, Cambridge University Press, number 9780521314275.
    3. Färe, Rolf & Zelenyuk, Valentin, 2019. "On Luenberger input, output and productivity indicators," Economics Letters, Elsevier, vol. 179(C), pages 72-74.
    4. Diewert, W. Erwin & Fox, Kevin J., 2017. "Decomposing productivity indexes into explanatory factors," European Journal of Operational Research, Elsevier, vol. 256(1), pages 275-291.
    5. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November.
    6. Chambers Robert G. & Fare Rolf, 1994. "Hicks' Neutrality and Trade Biased Growth: A Taxonomy," Journal of Economic Theory, Elsevier, vol. 64(2), pages 554-567, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rolf Färe & Valentin Zelenyuk, 2020. "POn Fisher Aggregation of Multi-factor Productivity Indexes," CEPA Working Papers Series WP082020, School of Economics, University of Queensland, Australia.
    2. Rolf Färe & Valentin Zelenyuk, 2019. "On the Aggregation of the Paasche and Laspeyres Malmquist Indexes," CEPA Working Papers Series WP122019, School of Economics, University of Queensland, Australia.
    3. Rolf Färe & Valentin Zelenyuk, 2021. "On aggregation of multi-factor productivity indexes," Journal of Productivity Analysis, Springer, vol. 55(2), pages 107-133, April.
    4. Ang, Frederic & Kerstens, Pieter Jan, 2020. "A superlative indicator for the Luenberger-Hicks-Moorsteen productivity indicator: Theory and application," European Journal of Operational Research, Elsevier, vol. 285(3), pages 1161-1173.
    5. Ali Homayoni & Reza Fallahnejad & Farhad Hosseinzadeh Lotfi, 2022. "Cross Malmquist Productivity Index in Data Envelopment Analysis," 4OR, Springer, vol. 20(4), pages 567-602, December.
    6. Hideyuki Mizobuchi & Valentin Zelenyuk, 2018. "Measuring Productivity by Quadratic-mean-of-order-of-r Indexes," CEPA Working Papers Series WP062018, School of Economics, University of Queensland, Australia.
    7. Valentin Zelenyuk, 2023. "Productivity analysis: roots, foundations, trends and perspectives," Journal of Productivity Analysis, Springer, vol. 60(3), pages 229-247, December.
    8. Hideyuki Mizobuchi & Valentin Zelenyuk, 2021. "Quadratic-mean-of-order-r indexes of output, input and productivity," Journal of Productivity Analysis, Springer, vol. 56(2), pages 133-138, December.
    9. Barnabé Walheer, 2022. "Global Malmquist and cost Malmquist indexes for group comparison," Journal of Productivity Analysis, Springer, vol. 58(1), pages 75-93, August.
    10. Jeanneaux, Philippe & Latruffe, Laure, 2016. "Modelling pollution-generating technologies in performance benchmarking: Recent developments, limits and future prospects in the nonparametric frameworkAuthor-Name: Dakpo, K. Hervé," European Journal of Operational Research, Elsevier, vol. 250(2), pages 347-359.
    11. Nazir Ullah Khan & Abdur Rehman, 2022. "Decomposition of Total Factor Productivity of Cash Crops in Pakistan: A Malmquist Data Envelop Analysis," Journal of Economic Impact, Science Impact Publishers, vol. 4(1), pages 139-144.
    12. Arnaud Abad & Paola Ravelojaona, 2020. "A Generalization of Environmental Productivity Analysis," Working Papers hal-02964799, HAL.
    13. Lukáš Čechura & Zdeňka Žáková Kroupová & Irena Benešová, 2021. "Productivity and Efficiency in European Milk Production: Can We Observe the Effects of Abolishing Milk Quotas?," Agriculture, MDPI, vol. 11(9), pages 1-21, August.
    14. Barnabé Walheer, 2019. "Disaggregation for efficiency analysis," Journal of Productivity Analysis, Springer, vol. 51(2), pages 137-151, June.
    15. W. Erwin Diewert & Kevin J. Fox, 2017. "Decomposing Value Added Growth into Explanatory Factors," Discussion Papers 2017-02, School of Economics, The University of New South Wales.
    16. Constant, Labintan Adeniyi & Shijun, Ding, 2012. "Benin Agriculture Productivity and profitability Measurement," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126748, International Association of Agricultural Economists.
    17. Briec, Walter & Mussard, Stéphane, 2020. "Improvement of technical efficiency of firm groups," European Journal of Operational Research, Elsevier, vol. 283(3), pages 991-1001.
    18. Mizobuchi, Hideyuki, 2010. "New indices of labour productivity growth: Baumol’s disease revisited," MPRA Paper 31151, University Library of Munich, Germany.
    19. Mullen, John D. & Cox, Thomas L., 1996. "Measuring Productivity Growth In Australian Broadacre Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(3), pages 1-22, December.
    20. David K. Lambert & Elliott Parker, 1998. "Productivity in Chinese Provincial Agriculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(3), pages 378-392, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qld:uqcepa:134. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SOE IT (email available below). General contact details of provider: https://edirc.repec.org/data/decuqau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.