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The Malmquist Index Approach to Evaluate Productivity Growth in a Nigeria Oil & Gas Company

Olayiwola Olubodun Olaniyi

Abstract of Economic, Finance and Management Outlook, 2016, vol. 5, 3

Abstract: Improving processes and products became crucially important for oil and gas companies to be competitive in Nigeria market. Responding to market challenges, a oil and gas company aims to evaluate the productivity growth of its blistering lines over years 2013 and 2014 of time using Malmquist productivity index (MPI). Decomposing the Malmquist productivity index into efficiency change and technological change can help in attributing the causes of improvement or declining in productivity. The productivity remained almost constant in the period of the study in all blistering lines. According to the results of MPI, the technological change improved better than the efficiency change.

Date: 2016
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