A global Malmquist-Luenberger productivity index

Springer Science and Business Media LLC - Tập 34 - Trang 183-197 - 2010
Dong-hyun Oh1,2
1Center of Excellence for Science and Innovation Studies, Royal Institute of Technology, Stockholm, Sweden
2Samsung Economic Research Institute, Samsung Life Seocho Tower, Seoul, Korea

Tóm tắt

This paper introduces an alternative environmentally sensitive productivity growth index, which is circular and free from the infeasibility problem. In doing so, we integrated the concept of the global production possibility set and the directional distance function. Like the conventional Malmquist-Luenberger productivity index, it can also be decomposed into sources of productivity growth. The suggested index is employed in analyzing 26 OECD countries for the period 1990–2003. We also employed the conventional Malmquist-Luenberger productivity index, the global Malmquist productivity index and the conventional Malmquist productivity index for comparative purposes in this empirical investigation.

Tài liệu tham khảo

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