This paper develops a dynamic Luenberger productivity growth indicator and decomposes it to identify the contributions of technical change, technical efficiency change and scale change. The Luenberger productivity growth indicator is estimated using Data Envelopment Analysis. The empirical...

This paper estimates dynamic efficiency in the Spanish construction industry before and during the current financial crisis over the period 2001-2009. Static efficiency measures are biased in a context of a significant economic crisis with large investments and disinvestments as they do not...

Firm-level data usually show that a large portion of firm-level investment takes place in a few investment episodes. This paper assesses productivity growth and its components in production framework that accounts for the dynamics of capital adjustment and relates this to investment spikes using...

This work examines the relationship between corporate social responsibility (CSR) and dynamic productivity change of each input employed and investment undertaken in the United States food and beverage manufacturing industry. We compute input- and investment-specific dynamic Luenberger...

Decision making in companies requires an assessment of the efficiency and productivity of individual inputs to provide insights into the scope for improvement of inputs׳ use. This paper estimates an input-specific Luenberger productivity growth indicator that can be decomposed to identify the...

This article proposes a model for evaluating inefficiency accounting for firms’ corporate social responsibility engagement as part of their broader output production activities. The model combines the production of marketable outputs, socially responsible outputs, and undesirable outputs into...