Aggregation of Malmquist productivity indexes allowing for reallocation of resources
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چکیده
منابع مشابه
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 Productivit...
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The performance of a decision making unit (DMU) can be evaluated in either across-sectional or a time-series manner, and data envelopment analysis (DEA) is a useful method for both types of evaluation. The Malmquist productivity index (MPI) evaluates the change in efficiency of a DMU between two time periods. It is defined as the product of the Catch-up and Frontier-shift terms. In this pape...
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Caves, Christensen and Diewert proposed a method for estimating a theoretical productivity index for a firm using Törnqvist input and output indexes, augmented by exogenous estimates of local returns to scale. However, in order to implement their method, they assumed that the firm maximized revenue in each period, conditional on the observed input vector in each period, taking output prices as ...
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Nowadays the extent of productivity of Decision Making Units (DMUs) in future has a significant importance. One of the different types of calculating profitability of units is Malmq uist productivity index. All approaches presented so far calculate this index in present or past time using deterministic data. In this paper, a new approach based on DEA is presented for estimating Malmquist index ...
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The conventional Malmquist productivity index (MPI) measures the performance improvement of a production system between two periods, where the system is treated as a black box, ignoring the internal operations of the component processes. Based on a relational model of the data envelopment analysis (DEA) for measuring the system and process efficiencies, this paper develops a methodology for cal...
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ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 2014
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2014.04.003