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Mokslo publikacijos
2016-11-18

Multi-directional productivity change: MEA-Malmquist

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.

 

Keywords: Total factor productivity; Malmquist TFP index; Multi-directional efficiency analysis; Agricultural efficiency

 

JEL classification: C430; C440; C610; Q100; Q120

 

DOI: 10.1007/s11123-016-0486-y

© Springer US

 

 

Asmild, M.; Baležentis, T.; Hougaard, J.L. 2016. Multi-directional productivity change: MEA-Malmquist, In Journal of Productivity Analysis, 46(2-3):109-119 First Online: 03 November 2016.  ISSN: 0895-562X (Print) 1573-0441 (Online). DOI: 10.1007/s11123-016-0486-y [Social Science Citation Index, Journal Citation Reports/Social Sciences Edition, SCOPUS, INSPEC, EconLit, Google Scholar, EBSCO Discovery Service, ProQuest, CAB International, ABS Academic Journal Quality Guide, Academic OneFile, Bibliography of Asian Studies, CAB Abstracts, CSA Environmental Sciences, Current Contents / Social & Behavioral Sciences, ECONIS, Expanded Academic, Global Health, International Abstracts in Operations Research, JSTOR, OCLC, Research Papers in Economics (RePEc), SCImago, Summon by ProQuest].

 

2015 Impact Factor - 0,973

5 YR Impact Factor 2015 - 1,549

H Index: 54

 




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