Multi-directional productivity change: MEA-Malmquist
Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Standard
Multi-directional productivity change : MEA-Malmquist. / Asmild, Mette; Balezentis, Tomas; Hougaard, Jens Leth.
I: Journal of Productivity Analysis, Bind 46, Nr. 2, 2016, s. 109–119.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - JOUR
T1 - Multi-directional productivity change
T2 - MEA-Malmquist
AU - Asmild, Mette
AU - Balezentis, Tomas
AU - Hougaard, Jens Leth
PY - 2016
Y1 - 2016
N2 - In this paper we introduce an extension of the Malmquist total factor productivity index, which utilizes the Multi-directional Efficiency Analysis approach. This enables variable-specific analysis of productivity change as well as its components (efficiency change and technical change). The new approach is illustrated and compared to the conventional Data Envelopment Analysis Malmquist approach by considering a empirical data set on Lithuanian family farms. The results highlight that important differences in variable-specific performance of the farms can be hidden when using the conventional (radial) Data Envelopment Analysis-based Malmquist index.
AB - In this paper we introduce an extension of the Malmquist total factor productivity index, which utilizes the Multi-directional Efficiency Analysis approach. This enables variable-specific analysis of productivity change as well as its components (efficiency change and technical change). The new approach is illustrated and compared to the conventional Data Envelopment Analysis Malmquist approach by considering a empirical data set on Lithuanian family farms. The results highlight that important differences in variable-specific performance of the farms can be hidden when using the conventional (radial) Data Envelopment Analysis-based Malmquist index.
U2 - 10.1007/s11123-016-0486-y
DO - 10.1007/s11123-016-0486-y
M3 - Journal article
VL - 46
SP - 109
EP - 119
JO - Journal of Productivity Analysis
JF - Journal of Productivity Analysis
SN - 0895-562X
IS - 2
ER -
ID: 168563952