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systematic way. This paper revisits the debate on how to decompose Bjurek's concept of a Malmquist productivity index into … time a theoretical justification for the geometric average form of the Bjurek productivity index …Caves, Christensen, Diewert introduced Malmquist output, input and productivity indexes into production theory in a …
Persistent link: https://www.econbiz.de/10013051762
factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is …This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total … factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their …
Persistent link: https://www.econbiz.de/10014024949
literature and discuss several other related indexes. We present two impossibility results demonstrating that no index can … satisfy all of the axioms on a general class of (well-behaved) technologies. Specifically, no inefficiency index can satisfy … both indication and continuity (in either quantities or technologies), and no inefficiency index can satisfy both …
Persistent link: https://www.econbiz.de/10014046424
so-called "green", productivity. To measure the latter, we derive a Solow-type Divisia environmental productivity index … index also provides a meaningful way to decompose environmental productivity into environmental technological and efficiency … the traditional (desirable-output-oriented) technical productivity and the undesirable-output-oriented environmental, or …
Persistent link: https://www.econbiz.de/10011297619
consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel … productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …
Persistent link: https://www.econbiz.de/10013159334
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … trend model based one. By comparing the performance of the time trend and technology index models in terms of TFP growth …
Persistent link: https://www.econbiz.de/10011595871
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … trend model based one. By comparing the performance of the time trend and technology index models in terms of TFP growth …
Persistent link: https://www.econbiz.de/10012098960
complete Luenberger-Hicks-Moorsteen productivity indicator when the input and output directional distance functions can be … superlative measures of the Luenberger productivity indicator and Luenberger-Hicks-Moorsteen productivity indicator coincide …
Persistent link: https://www.econbiz.de/10012965088
Productivity rises in booms and falls in recessions. There are four main explanations for procyclical productivity: (i … are particularly important in explaining procyclical productivity. We argue that the reallocation effects that we identify …
Persistent link: https://www.econbiz.de/10014038390