The goal of this study examines the quantitative implications of the Malmquist index in a standard Real Business Cycle (RBC) model as a measure of technology shock. To achieve this, the paper first investigates the empirical validity of the equivalence proposition on the two technology shock measures: a relatively new Malmquist Index and the predominant Solow residual. On the basis of permutati...

This study examines the productivity growth of the nationwide banks of China and a sample of city commercial, banks for the eleven years to 2007. Estimates of total factor productivity growth are constructed with appropriate confidence intervals, using a bootstrap method for the Malmquist index. The study adjusts for the quality of the output by accounting for the non-performing loans on the ba...

Increased energy efficiency is one of the most effective ways to achieve climate change mitigation. This study aims to evaluate the energy efficiency of seventeen countries. The evaluation is based on an integrated method that combines the super slack-based (super SBM) model and the Malmquist productivity index (MPI) to investigate the energy efficiency of seventeen countries during the period ...

This study measures the quality-adjusted hospital efficiency and productivity index of a production unit. We propose a non-radial output-oriented directional distance function approach to analyze Taiwan’s hospital productivity, which embeds the quality of care and environment variables simultaneously. There are two major advantages of this model. First, it considers all the radial and nonradial...

This stuely aflempts to measure the prodllctivi~y of Ihe life insurance inelustry by employing the non-parametric Malmquist Index approach. The ]inding shows that despite the productivity growth in the insurance industry, it is relatively loll' compared to the real economic growth experienced by Malaysia. Like the mallufacllfring sectol; thefurure growth of this indusll~y 1V0uld depend on its a...

This research paper investigates the cost efficiency and productivity of TEVETA institutes in Punjab, Pakistan using Data Envelopment Analysis (DEA) COST MALMQUIST INDEX. The study uses data from 2006-2018 to analyze impact reform 2011. objective is assess on production process. results indicate that reforms implemented Punjab have had a positive productivity. change, scale technical change all...