Malmquist Productivity Analysis based on StoNED

Xiaomei Cheng, Endre Bjørndal () and Mette Bjørndal ()
Additional contact information
Endre Bjørndal: Dept. of Business and Management Science, Norwegian School of Economics, Postal: NHH , Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway, http://www.nhh.no/Default.aspx?ID=1995
Mette Bjørndal: Dept. of Business and Management Science, Norwegian School of Economics, Postal: NHH , Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway, http://www.nhh.no/Default.aspx?ID=1996
Authors registered in the RePEc Author Service: Endre Jostein Bjørndal

No 2015/25, Discussion Papers from Norwegian School of Economics, Department of Business and Management Science

Abstract: We construct a Malmquist productivity index based on stochastic non-parametric envelopment of data (StoNED) method, and we study how the distributional assumptions in the second StoNED stage affect productivity change and its decompositions. Our discussion show that the distributional assumptions do not affect the estimates of overall productivity change and scale efficiency change, but that estimates of efficiency change and technical change are affected. Data on Norwegian electricity distribution companies is used to illustrate our discussion.

Keywords: Productivity and competitiveness; StoNED; Malmquist productivity index; Wrong skewness issue (search for similar items in EconPapers)
JEL-codes: C00 C10 C14 Q00 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2015-09-24
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/11250/301610 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://hdl.handle.net/11250/301610 [302 Found]--> https://www.unit.no/brage-denne-lenken-er-ikke-lenger-gyldig [301 Moved Permanently]--> https://sikt.no/brage-denne-lenken-er-ikke-lenger-gyldig)

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: https://EconPapers.repec.org/RePEc:hhs:nhhfms:2015_025

Access Statistics for this paper

More papers in Discussion Papers from Norwegian School of Economics, Department of Business and Management Science NHH, Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway. Contact information at EDIRC.
Bibliographic data for series maintained by Stein Fossen ().