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Biased Technical Change and the Malmquist Productivity Index

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  • Fare, Rolf, et al

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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  • Fare, Rolf, et al, 1997. " Biased Technical Change and the Malmquist Productivity Index," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(1), pages 119-127, March.
  • Handle: RePEc:bla:scandj:v:99:y:1997:i:1:p:119-27
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    Cited by:

    1. Walter Briec & Nicolas Peypoch, 2007. "Biased Technical Change and Parallel Neutrality," Journal of Economics, Springer, pages 281-292.
    2. Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2003. "Human capital in OECD countries: Technical change, efficiency and productivity," International Review of Applied Economics, Taylor & Francis Journals, pages 419-435.
    3. Christos Pantzios & Giannis Karagiannis & Vangelis Tzouvelekas, 2011. "Parametric decomposition of the input-oriented Malmquist productivity index: with an application to Greek aquaculture," Journal of Productivity Analysis, Springer, pages 21-31.
    4. 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.
    5. Pedro Cantos & José Pastor & Lorenzo Serrano, 1999. "Productivity, efficiency and technical change in the European railways: A non-parametric approach," Transportation, Springer, pages 337-357.
    6. Jaffry, Shabbar & Ghulam, Yaseen & Pascoe, Sean & Cox, Joe, 2007. "Regulatory changes and productivity of the banking sector in the Indian sub-continent," Journal of Asian Economics, Elsevier, pages 415-438.
    7. Jaffry, Shabbar & Ghulam, Yaseen & Pascoe, Sean & Cox, Joe, 2007. "Regulatory changes and productivity of the banking sector in the Indian sub-continent," Journal of Asian Economics, Elsevier, pages 415-438.
    8. 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).
    9. Walter Briec & Kristiaan Kerstens, 2011. "The Hicks–Moorsteen Productivity Index Satisfies The Determinateness Axiom," Manchester School, University of Manchester, pages 765-775.
    10. 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.
    11. Mette Asmild & Fai Tam, 2007. "Estimating global frontier shifts and global Malmquist indices," Journal of Productivity Analysis, Springer, pages 137-148.

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