Economics at your fingertips  

Productivity changes in the automotive industry of three European countries. An application of the Malmquist index decomposition analysis

M. Agostino, A. Nifo, S. Ruberto, Domenico Scalera and F. Trivieri

Structural Change and Economic Dynamics, 2022, vol. 61, issue C, 216-226

Abstract: This paper analyzes the changes in productivity of small and large firms operating in the automotive industry in France, Italy and Spain, occurred during the pre-crisis (2001-2008) and post-crisis (2009-2014) periods. To this aim, the Malmquist index as a measure of total factor productivity (TFP) variation is computed, by using the non-parametric technique DEA, integrated by a bootstrap technique proposed by Simar and Wilson (1999). The analysis allows distinguishing among different possible sources of TFP changes, i.e. pure technical efficiency change, scale efficiency change and technological change. The latter comes up to be the main channel through which the global crisis negatively impacted on productivity, presumably by hampering the primary engines of technological change, i.e. research, innovation and investment through reduced availability of financial resources for SMEs, worsened perspectives for firm growth and greater concentration in selected geographical areas of investments by parent companies.

Keywords: Automotive Industry; Productivity; Bootstrapped Malmquist Index; Data Envelopment Analysis; JEL: C61; D24; L6; L62 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.strueco.2022.02.017

Access Statistics for this article

Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen

More articles in Structural Change and Economic Dynamics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2023-11-08
Handle: RePEc:eee:streco:v:61:y:2022:i:c:p:216-226