The present study attempts to empirically examine the total factor productivity change (TFPG) of Indian microfinance … institutions, using balanced panel data set of 55 MFIs in India between 2008 and 2010. A non parametric Malmquist Productivity … Index has been used for this purpose. Efficiency of Indian MFIs has been calculated based on production approach. It was …

productivity index, and we extend his analysis by exploiting new relationships between theoretical Konus and empirical Fisher price … implicit productivity index, the other has pure Fisher structure, and we note the advantages of each. … index to show that his expression for profitability change is the product of a price recovery index and an implicit …

how we should calculate a true cost-of-living index or Konüs price index: first estimate the consumer's expenditure … function (cost function) econometrically and then calculate the Konüs price index directly from that. Unfortunately this is … are many more parameters than observations. Index number theory has solved this problem, at least when demand is …

Caves, Christensen and Diewert proposed a method for estimating a theoretical productivity index for a firm using …

This study estimates productivity gains and their distribution among inputs and outputs for American industries over … the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is …

This paper offers an approach based on the economic theory of index numbers that revisits the classical surplus … accounting technique. We measure the productivity gains and the combined effects of output and input price variation on French … farmers’ income between 1959 and 2011, for the whole agricultural sector. During this period, total factor productivity grows …

airlines. The Malmquist-Luenberger productivity index is employed to measure productivity growth when undesirable output … production is regulated and unregulated. The results show that pollution abatement activities of airlines lowers productivity … growth which suggests the traditional approach of measuring productivity growth, which ignores CO2 emissions, overstate “true …