A NOTE ON THE MALMQUIST PRODUCTIVITY INDEX

被引:268
作者
GRIFELLTATJE, E
LOVELL, CAK
机构
[1] UNIV GEORGIA,DEPT ECON,ATHENS,GA 30602
[2] UNIV AUTONOMA BARCELONA,DEPT ECON EMPRESA,E-08193 BARCELONA,SPAIN
关键词
PRODUCTIVITY; SCALE ECONOMIES; MALMQUIST;
D O I
10.1016/0165-1765(94)00497-P
中图分类号
F [经济];
学科分类号
02 ;
摘要
In recent years the Malmquist index has gained in popularity as a measure of productivity change. We demonstrate that, in the presence of non-constant returns to scale, the Malmquist productivity index does not accurately measure productivity change. The bias is systematic, and depends on the magnitude of scale economies.
引用
收藏
页码:169 / 175
页数:7
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