Aggregation of Malmquist productivity indexes
In this paper we extend the work of Färe and Zelenyuk (2003) to find a theoretically justified method of aggregating Malmquist Productivity Indexes over individual decision making units (firms, countries, etc.) into a group Malmquist Productivity Index. We also consider the aggregation of decomposed parts of the Malmquist Productivity Index to obtain a decomposition of the Malmquist Productivity Index for a particular group.
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CEPA Working Papers Series
WP042012, School of Economics, University of Queensland, Australia.
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- Léopold Simar & Valentin Zelenyuk, 2007. "Statistical inference for aggregates of Farrell-type efficiencies," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(7), pages 1367-1394.
- Fare, Rolf & Zelenyuk, Valentin, 2003. "On aggregate Farrell efficiencies," European Journal of Operational Research, Elsevier, vol. 146(3), pages 615-620, May.
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