Apart from the well-known weaknesses of the standard Malmquist productivity index related to infeasibility and not accounting for slacks, already addressed in the literature, we identify a new and significant drawback of the Malmquist-Luenberger index decomposition that questions its validity as an empirical tool for environmental productivity measurement associated with the production of bad o...

This study employs non-parametric Data Envelopment Analysis (DEA) to obtain the Malmquist total factor productivity index (MPI). The analysis is based on 19 Malaysian banks (domestic and foreign) and the period of study is from 2010 to 2014. The results indicate that the progress or retrogress of 14 Malaysian banks’ efficiency were largely due to scale rather than pure technical efficiency with...

Vietnam’s textile and garment enterprises make an important contribution to the country with second largest export turnover. The existence development of have a significant influence on socioeconomic Vietnam. Currently, industry is facing difficulties caused by COVID-19 pandemic, along competition from foreign direct investment (FDI) enterprises. Therefore, it imperative for managers assess com...

Abstract This study analyzes the performance of Colombian universities in their research and knowledge transfer (KT) objectives period 2016–2018. The methodology was based on Data Envelopment Analysis models with Variable Return Scale a Malmquist Productivity Index (MPI) using different combinations variables, considering sensitivity according to type variables used for its measurement. results...

______________________________________________________ Abstract The purpose of this study was to analyse the development of productivity and efficiency in the production of hospital care in Finland during the period 1988-1994. A special interest was directed to the impact of health care financing reform in 1993. The analysis is based on the Malmquist index approach using linear programming. Pos...

This paper uses the Luenberger productivity index to evaluate the productivity changes of Greek Life insurance companies between 1994 and 2003, combining operational and financial variables. It is found that the average annual productivity change was about 19% and was due to technological progress, whereas the impact of efficiency was minimal. It seems that deregulation, established by the Thir...