Grifell-Tatjé, E.; Lovell, C. A. K. - In: Management Science 45 (1999) 9, pp. 1177-1193
In this study we consider the linkage between productivity change and profit change. We develop an analytical framework in which profit change between one period and the next is decomposed into three sources: (i) a productivity change effect (which includes a technical change effect and an...