Aggregation of Malmquist productivity indexes allowing for reallocation of resources

Mayer, Andreas and Zelenyuk, Valentin (2014) Aggregation of Malmquist productivity indexes allowing for reallocation of resources. European Journal of Operational Research, 238 3: 774-785. doi:10.1016/j.ejor.2014.04.003

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Author Mayer, Andreas
Zelenyuk, Valentin
Title Aggregation of Malmquist productivity indexes allowing for reallocation of resources
Journal name European Journal of Operational Research   Check publisher's open access policy
ISSN 0377-2217
1872-6860
Publication date 2014-11-01
Year available 2014
Sub-type Article (original research)
DOI 10.1016/j.ejor.2014.04.003
Volume 238
Issue 3
Start page 774
End page 785
Total pages 12
Place of publication Amsterdam, Netherlands
Publisher Elsevier
Language eng
Abstract In this paper we consider aggregate Malmquist productivity index measures which allow inputs to be reallocated within the group (when in output orientation). This merges the single period aggregation results allowing input reallocation of Nesterenko and Zelenyuk (2007) with the aggregate Malmquist productivity index results of Zelenyuk (2006) to determine aggregate Malmquist productivity indexes that are justified by economic theory, consistent with previous aggregation results, and which maintain analogous decompositions to the original measures. Such measures are of direct relevance to firms or countries who have merged (making input reallocation possible), allowing them to measure potential productivity gains and how these have been realised (or not) over time.
Keyword Data envelopment analysis
Efficiency
Productivity
Index aggregation
Reallocation
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2015 Collection
School of Economics Publications
 
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Created: Tue, 24 Jun 2014, 10:14:31 EST by System User on behalf of School of Economics