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...

The circle-type or global Malmquist index, which is based on Data Envelopment Analysis (DEA) models, is an important index that is widely used for measuring the relative productivity change of decisionmaking units (DMUs) in multiple time periods. This index, similar to the standard approach of measuring the productivity change using the standard Malmquist index, breaks down into various compone...

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...

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 ...

Data Envelopment Analysis is a linear programming technique for assessing the efficiency and productivity of decision making units (DMUs). Over the last decade, DEA has gained considerable attention as a managerial tool for measuring performance. The flexibility in selecting the weights in standard DEA models deters the comparison among DMUs on a common base. Moreover, these weights are unsuita...

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 current paper develops three different ways to measure the multi-period global cost efficiency for homogeneous networks of processes when the prices of exogenous inputs are known at all time periods. A multi-period network data envelopment analysis model is presented to measure the minimum cost of the network system based on the global production possibility set. We show that there is a rel...

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...

The Malmquist productivity index evaluates the productivity change of a decision making unit (DMU) between two time periods. In this current study, a method is proposed to compute the Malmquist productivity index in several time periods (from the first to the last periods) in data envelopment analysis (DEA) and then, the obtained Malmquist productivity index is compared with Malmquist produ...