IDEAS home Printed from https://ideas.repec.org/p/hub/wpecon/201031.html
   My bibliography  Save this paper

Malmquist and Hicks-Moorsteen Productivity Indices: An Empirical Comparison Focusing on Infeasibilities

Author

Listed:
  • Kerstens, Kristiaan

    (CNRS-LEM (UMR 8179), IESEG School of Management, F-59000 Lille, France.)

  • Hachem, Bouye Ahmed Moulaye

    (CNRS-LEM (UMR 8179), IESEG School of Management, F-59000 Lille, France.)

  • Van de Woestyne, Ignace

    (Hogeschool-Universiteit Brussel (HUB), Belgium)

Abstract

In the literature, two main ratio-based productivity indices have been defined in terms of a primal technology notion. While the Malmquist productivity index has become very popular, it has the problem that it is not always well-defined. By contrast, the less popular Hicks Moorsteen productivity index is well-defined under weak conditions on technology. The purpose of this paper is to empirically illustrate the extent of this determinateness problem on some agricultural data sets under variations on the technology assumptions.

Suggested Citation

  • Kerstens, Kristiaan & Hachem, Bouye Ahmed Moulaye & Van de Woestyne, Ignace, 2010. "Malmquist and Hicks-Moorsteen Productivity Indices: An Empirical Comparison Focusing on Infeasibilities," Working Papers 2010/31, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    • Handle: RePEc:hub:wpecon:201031
    as

    Download full text from publisher

    File URL: http://lirias.hubrussel.be/handle/123456789/4853
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aparicio, Juan & Garcia-Nove, Eva M. & Kapelko, Magdalena & Pastor, Jesus T., 2017. "Graph productivity change measure using the least distance to the pareto-efficient frontier in data envelopment analysis," Omega, Elsevier, vol. 72(C), pages 1-14.
    2. Dedehouanou, Sènakpon F. A., 2014. "Diversification towards high value export production, farm household productivity and efficiency in Senegal," Conference papers 332432, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Arjomandi, Amir & Valadkhani, Abbas & O’Brien, Martin, 2014. "Analysing banks’ intermediation and operational performance using the Hicks–Moorsteen TFP index: The case of Iran," Research in International Business and Finance, Elsevier, vol. 30(C), pages 111-125.

    More about this item

    Keywords

    Malmquist productivity index; Hicks-Moorsteen productivity index; Infeasibilities;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    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:hub:wpecon:201031. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sabine Janssens (email available below). General contact details of provider: https://edirc.repec.org/data/emhubbe.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.