Multi-directional productivity change: MEA-Malmquist

Mette Asmild (), Tomas Baležentis and Jens Hougaard ()
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Mette Asmild: IFRO, University of Copenhagen

Journal of Productivity Analysis, 2016, vol. 46, issue 2, No 1, 109-119

Abstract: Abstract In this paper we introduce an extension of the Malmquist total factor productivity index, which utilizes the Multi-directional Efficiency Analysis approach. This enables variable-specific analysis of productivity change as well as its components (efficiency change and technical change). The new approach is illustrated and compared to the conventional Data Envelopment Analysis Malmquist approach by considering a empirical data set on Lithuanian family farms. The results highlight that important differences in variable-specific performance of the farms can be hidden when using the conventional (radial) Data Envelopment Analysis-based Malmquist index.

Keywords: Total factor productivity; Malmquist TFP index; Multi-directional efficiency analysis; Agricultural efficiency (search for similar items in EconPapers)
JEL-codes: C43 C44 C61 Q10 Q12 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/s11123-016-0486-y

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