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Aggregation of Malmquist productivity indexes allowing for reallocation of resources

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In this paper we consider aggregate (group) Malmquist productivity index measures which allow inputs to be reallocated within the group (when in output orientation). This merges the single period aggregation results allowing input reallocation of Nesterenko and Zelenyuk (2007) with the aggregate Malmquist productivity index results of Zelenyuk (2006) to determine aggregate Malmquist productivity indexes that are justified by economic theory, consistent with previous aggregation results, and which maintain analogous decompositions over time to the original measures. Such measures are of direct relevance to firms or countries who have merged (making input reallocation possible), allowing them to measure potential productivity gains and how these have been realised (or not) over time.

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  • Valentin Zelenyuk & Andreas Mayer, 2013. "Aggregation of Malmquist productivity indexes allowing for reallocation of resources," CEPA Working Papers Series WP062013, School of Economics, University of Queensland, Australia.
  • Handle: RePEc:qld:uqcepa:89
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    1. repec:eee:jomega:v:75:y:2018:i:c:p:1-12 is not listed on IDEAS
    2. repec:kap:jproda:v:48:y:2017:i:1:d:10.1007_s11123-017-0505-7 is not listed on IDEAS
    3. Léopold Simar & Valentin Zelenyuk, 2016. "Asymptotic Theory for Aggregate Efficiency," CEPA Working Papers Series WP042016, School of Economics, University of Queensland, Australia.
    4. repec:kap:jproda:v:49:y:2018:i:1:d:10.1007_s11123-017-0523-5 is not listed on IDEAS
    5. Enrique Gilles & Javier Deaza & Alejandro Vivas, 2016. "Productivity measurements for three countries of the Pacific Alliance and South Korea, 2008-2012," DOCUMENTOS DE TRABAJO EAN 015236, UNIVERSIDAD EAN.
    6. Javier DEAZA & Enrique GILLES & Alejandro VIVAS, 2016. "Productivity Measurements For South Korea And Three Countries Of The Pacific Alliance: Colombia, Chile And Mexico, 2008-2012," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(2), pages 75-85.
    7. Andreas Mayer & Valentin Zelenyuk, 2014. "An Aggregation Paradigm for Hicks-Moorsteen Productivity Indexes," CEPA Working Papers Series WP012014, School of Economics, University of Queensland, Australia.

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