A global cost Malmquist productivity index using data envelopment analysis
G Tohidi,
S Razavyan and
S Tohidnia Additional contact information G Tohidi: Islamic Azad University, Central Tehran Branch, Tehran, Iran
S Razavyan: Islamic Azad University, South-Tehran Branch, Tehran, Iran
S Tohidnia: Islamic Azad University, Central Tehran Branch, Tehran, Iran
Abstract:
This paper proposes a global cost Malmquist productivity index, new cost Malmquist productivity index, that is circular and that gives a single measure of productivity change. The index is inspired by the global Malmquist productivity index as extended to productivity measurement. Decomposition of the proposed cost Malmquist productivity index is presented. Numerical results are presented for an example taken from the literature to illustrate the proposed algorithm.
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