In this paper, the bootstrapping Malmquist index is used to derive the productivity levels of Iranian steam power plants for the period of 2007e2012. The research shows that the average level of productivity has significantly decreased. It was also indicated that technological changes have had more effects on productivity than efficiency changes. To study the influence of various explanatory fa...

This paper uses a new non-parametric, unconditional, hyperbolic order-α quantile estimator to construct a hyperbolic version of the Malmquist index. Unlike traditional non-parametric efficiency estimators, the new estimator is both robust to data outliers and has a root-n convergence rate. We use this estimator to examine changes in the efficiency and productivity of U.S. banks between 1985 and...

The main challenge for sustainable development of resource cities is to work out a feasible strategy for transformation processes. This paper introduces a new approach for analysis of transformation performance. Using the environmental production technology and a Malmquist resource performance index (MRPI), we conduct σ , absolute β and conditional β convergence tests for the transformation per...

The poverty reduction and financial inclusion of Sustainable Development Goals (SDG) by 2030 can be significantly facilitated the microfinance industry. However, it is pertinent to assess sustainability institutions (MFIs) in serving this purpose. estimation productivity MFIs Bangladesh gives a glimpse their ability fulfil dual objectives social outreach. Hence, study aims measure using seconda...

This paper ranks the pension funds management companies according to their change in total productivity for the period 1994–2007. We estimate the change in total productivity, breaking this down into technically efficient change and technological change by means of data envelopment analysis (DEA-Malmquist index). The aim of this procedure is to seek out those best practices that will lead to im...

The study examines the changes to total factor productivity of Jamaican banks between 1998 and 2007. Using Data Envelopment Analysis with bootstrap to construct a Malmquist index, bank productivity is measured and decomposed into technical progress and efficiency. The results suggest an inconsistent growth pattern for banks between 1998 and 2007 driven mainly by efficiency gains in the immediat...