The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However, the size of the estimated growth rate of total factor productivity depends on an assumption about the factor-augmenting properties of technological...

The data envelopment analysis (DEA) based Malmquist productivity index measures the productivity change over time. It can be further decomposed into two components: the change in efficiency and the technical change. In this study, a specific road safety outputoriented DEA-based Malmquist productivity index is introduced to assess the changes in road safety performance of 26 EU countries from 20...

This paper provides parametric estimates of technical change, e¢ ciency change, economies of scale, and total factor productivity growth for large banks (those with assets in excess of $1 billion) in the United States, over the period from 2000 to 2005. This is done by estimating an output distance function subject to theoretical regularity within a Bayesian framework. We …nd that failure to in...

In this paper, we measure productivity growth of the information technology (IT) industries in fourteen OECD countries over the thirteen-year period of 1978 through 1990. The IT industries are the providers of IT capital goods, and this macro-level analysis seeks to find out how efficiently IT capital goods are produced. The basic unit of analysis employed is the Malmquist Total Factor Producti...

A linear programming technique is used to decompose agricultural total factor productivity change in China’s provinces during the period 1985 to 1994. The method allows the decomposition of productivity growth into two mutually exclusive and exhaustive parts: technological change and changes in pure technical efficiency. The decomposition provides a natural way to differentiate innovations from...

Rebuilding depleted fish stocks is an international policy goal and a 2020 Aichi target under the Convention on Biological Diversity. However, stock productivity may shift with future climate change, with unknown consequences for sustainable harvesting, biomass targets and recovery timelines. Here we develop a stochastic modelling framework to characterize variability in the intrinsic productiv...

In this paper different formulae for the decomposition of aggregate productivity levels and changes are applied to a sample of German manufacturing firms that pertain to 11 different industries at a roughly two-digit level observed over the period 1981-1998. Productivity is measured by a nonparametric frontier function approach. The decompositions of productivity allow for an explanation of the...

The livestock production system is considered equally sensitive to climate change as that of core agriculture system and at the same time livestock itself is also contributing to the phenomenon. The present paper attempts to analyze the sensitivity of livestock productivity in rainfed regions to climatic variability, significance of climate change with respect to Indian livestock and mitigation...

the productivity change of a decision making unit (dmu) between two time periods can be evaluated by the malmquist productivity index. in this study, we propose a method to compute the malmquist productivity index in several time periods (from the first to the last periods) on interval data in data envelopment analysis (dea). then, the obtained malmquist productivity index is compared with malm...