Malmquist productivity indices and plant capacity utilisation: new proposals and empirical application

Kristiaan Kerstens, Jafar Sadeghi, Ignace van de Woestyne and Linda Zhang
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Jafar Sadeghi: IÉSEG School Of Management [Puteaux], Ivey School of Business - UWO - University of Western Ontario
Ignace van de Woestyne: KU Leuven - Catholic University of Leuven = Katholieke Universiteit Leuven
Linda Zhang: Xi'an Jiaotong-Liverpool University [Suzhou]

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Abstract: The purpose of this contribution is to compute the popular Malmquist productivity index while adding a component representing plant capacity utilisation. In particular, this is—to the best of our knowledge—the first empirical application estimating both input- and output-oriented Malmquist productivity indices in conjunction with the corresponding input- and output-oriented plant capacity utilisation measures. Our empirical application focuses on a provincial data set of tourism activities in China over the period 2008–2016. The results contain the output- and input-oriented Malmquist productivity indices, some Spearman rank correlations between both, a t-test whether these indices differ from unity, and some bootstrapping analysis.

Keywords: Plant Capacity; Data Envelopment Analysis; Free Disposal Hull; Malmquist Productivity Index; Decomposition (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-eff
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Published in Annals of Operations Research, 2022, 315 (1), pp.221-250. ⟨10.1007/s10479-022-04771-8⟩

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Related works:
Journal Article: Malmquist productivity indices and plant capacity utilisation: new proposals and empirical application (2022)
Working Paper: Malmquist Productivity Indices and Plant Capacity Utilisation: New Proposals and Empirical Application (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03833257

DOI: 10.1007/s10479-022-04771-8

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