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Munich Personal RePEc Archive

Aggregation of Malmquist Productivity Indexes

Zelenyuk, Valentin (2005): Aggregation of Malmquist Productivity Indexes. Published in: European Journal of Operational Research , Vol. 2, No. 174 (2006): pp. 1076-1086.

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Abstract

In this paper we extend the work of Färe and Zelenyuk (2003) to find a theoretically justified method of aggregating Malmquist Productivity Indexes over individual decision making units (firms, countries, etc.) into a group Malmquist Productivity Index. We also consider the aggregation of decomposed parts of the Malmquist Productivity Index to obtain a decomposition of the Malmquist Productivity Index for a particular group.

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