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Estimating and bootstrapping malmquist indices

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  • SIMAR, Léopold

    (Institut de Statistique and Center for Operations Research and Econometrics (CORE), Université catholique de Louvain (UCL), Louvain la Neuve, Belgium)

  • WILSON, Paul

    (Department of Economics, University of Texas, Austin)

Abstract

This paper develops a consistent bootstrap estimation procedure for obtaining confidence intervals for Malmquist indices of productivity and their decompositions. Although the exposition is in terms of input-oriented indices, the techniques can he trivially extended to the output orientation. The bootstrap methodology is an extension of earlier work described in Simar and Wilson (1996). Some empirical examples are also given, using data on Swedish pharmacies.

Suggested Citation

  • SIMAR, Léopold & WILSON, Paul, 1996. "Estimating and bootstrapping malmquist indices," LIDAM Discussion Papers CORE 1996060, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:1996060
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    References listed on IDEAS

    as
    1. Léopold Simar & Paul W. Wilson, 1998. "Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Nonparametric Frontier Models," Management Science, INFORMS, vol. 44(1), pages 49-61, January.
    2. 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.
    3. Fried, Harold O. & Lovell, C. A. Knox & Schmidt, Shelton S. (ed.), 1993. "The Measurement of Productive Efficiency: Techniques and Applications," OUP Catalogue, Oxford University Press, number 9780195072181.
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