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Parametric Decomposition of a Generalized Malmquist Productivity Index
Open accessAbstract
This paper provides a parametric decomposition of a generalized Malmquist productivity index which takes into account scale economies. Unlike Balk (2001), the contribution of scale economies to productivity change is evaluated without recourse to scale efficiency measures, which are neither bounded for globally increasing, decreasing, or constant returns to scale technologies nor for ray-homogeneous technologies. An empirical application using panel data from Spanish savings banks is included. This application shows the advantages of the suggested method compared to Balk's approach. The results show an increase of total factor productivity which can be mainly attributed to technical progress and the positive effect of returns to scale.
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Citations
Cites
Battese, G. E., & Coelli, T. J. (1992) · Journal of Productivity Analysis · doi:10.1007/bf00158774 · Cited by 2,832
Cited by
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Parikoglou, I., Emvalomatis, G., Thorne, F., & Wallace, M. (2023) · European Review of Agricultural Economics · doi:10.1093/erae/jbac024 · Cited by 8
Metadata
- Authors
- Orea, L.
- Venue
- Journal of Productivity Analysis
- Published
- 2002-07
- Volume
- 18
- Issue
- 1
- Pages
- 5-22
- ISSN
- 0895-562X (ISSN-L)
- 1573-0441
- OpenAlex
- W1518414698
- Cited by
- 297
- References
- 1
- FWCI
- 18.95
- Type
- journal article
- Language
- en
- Open access
- green
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- Orea, L. (2002). Parametric Decomposition of a Generalized Malmquist Productivity Index. Journal of Productivity Analysis. https://doi.org/10.1023/a%3A1015793325292
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.