This paper evaluates the scale of productivity change of the Bank of Serbia over the period 20072010. In this research the emphasis is put on measuring the productivity based on information from the financial statements using Data Envelopment Analysis (DEA) method and Malmquist index to estimate the individual bank efficiency and productivity changes within this period. The Malmquist productivi...

In this paper we extend the work of Färe and Zelenyuk (2003) to find a theoretically justified method of aggregating Malmquist Productivity Indexes over individual decision making units (firms, countries, etc.) into a group Malmquist Productivity Index. We also consider the aggregation of decomposed parts of the Malmquist Productivity Index to obtain a decomposition of the Malmquist Productivit...

BACKGROUND This study aimed to measure the hospital productivity using data envelopment analysis (DEA) technique and Malmquist indices. METHODS This is a cross sectional study in which the panel data were used in a 4 year period from 2007 to 2010. The research was implemented in 12 teaching and non-teaching hospitals of Ahvaz County. Data envelopment analysis technique and the Malmquist indic...

The purpose of this paper is to analyze the productivity change for agricultural cooperatives in Japan measured by nonparametric outputoriented Malmquist indices of total factor productivity. The productivity change is decomposed into technical change and technical efficiency change. Linear programming techniques are used to calculate the productivity change using a panel data set for 49 agricu...

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...