Halkos, George and Tzeremes, Nickolaos (2006): A note on the choice of Malmquist productivity index and Malmquist total factor productivity index.

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Abstract
This paper by analyzing the two popular methodologies of productivity measurement provides an example that illustrates the differences when adopting the two methodologies. Furthermore, under the restriction of constant returns to scale raises some methodological issues regarding the theory of productivity measurement using the Malmquist Productivity Index and Malmquist Total Factor Productivity Index. Furthermore by using an illustrative example under the restriction of constant returns to scale the study indicates that the two indexes produce similar results. However, the differences observed are determining the choice of the methodology adopted when measuring productivity.
Item Type:  MPRA Paper 

Original Title:  A note on the choice of Malmquist productivity index and Malmquist total factor productivity index 
Language:  English 
Keywords:  Productivity measurement; Malmquist Productivity Index; Malmquist Total Factor Productivity Index 
Subjects:  C  Mathematical and Quantitative Methods > C6  Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C69  Other D  Microeconomics > D2  Production and Organizations > D24  Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity I  Health, Education, and Welfare > I1  Health > I10  General 
Item ID:  32083 
Depositing User:  Nickolaos Tzeremes 
Date Deposited:  07. Jul 2011 15:48 
Last Modified:  12. Feb 2013 20:36 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/32083 