In this paper we test the hypothesis that the economic transition toward a market economy increases the efficiency of firms. We study 32 Polish electricity distribution companies between 1997-2002, by applying common benchmarking methods to the panel: the nonparametric data envelopment analysis (DEA), the free disposal hull (FDH), and, as a parametric approach, the stochastic frontier analysis ...

Most Real Business Cycle (RBC) models use the Solow residual as a proxy for a measured aggregate productivity shock. This paper studies implications of the Malmquist productivity index for business cycle analysis using a standard RBC model. By doing this, the study seeks to broaden areas of macroeconomic applications for the Malmquist index. More specifically, this paper chooses aggregate produ...

Malmquist Productivity Index (MPI) is one of the most famous indices, which is used for estimating the productivity change of a Decision Making Unit (DMU) during the time. Virtually any empirical study that uses MPI, reports average of the productivity indices they estimate to represent the overall tendency in productivity changes. In such a case, productivity indices of a DMU are considered wi...

This paper proposes a global cost Malmquist productivity index, new cost Malmquist productivity index, that is circular and that gives a single measure of productivity change. The index is inspired by the global Malmquist productivity index as extended to productivity measurement. Decomposition of the proposed cost Malmquist productivity index is presented. Numerical results are presented for a...

This study develops a framework that combines different management science methods to provide insights concerning the performance of retailing stores. First, the framework enables to specify appropriate targets for stores of a retail network using data envelopment analysis. This involves comparing stores within homogenous groups, that is, supermarkets and hypermarkets. Second, the framework com...

The Trade Offs approach is an advanced tool for the improvement of the discrimination of Data Envelopment Analysis (DEA) models, Meta Malmquist Index was defined by Maria Portella and et. al (2008). In this paper we compute the Meta Malmquist Index in Trade Offs model in DEA and we compare, obtaining results, of Meta Malmquist Index in different models of DEA, Variable Return to Scale (VRS), Co...

one of the most popular approaches to measuring productivity changes is based on using malmquist productivity indexes. in this paper we propose a method for obtaining interval malmquist productivity index (impi). the classical dea models have been before used for measuring the malmquist productivity index. the current article extends dea models for measuring the interval malmquist productivity ...

The Fisher ideal total factor productivity (TFP) index requires complete quantity and price information. If input-output quantities are allocatively efficient, the Fisher index can be approximated by the Malmquist TFP index, which does not require price information. This paper elaborates on the conditions under which the Malmquist and Fisher indexes are equivalent. Drawing from these insights, ...