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 paper ranks the pension funds management companies according to their change in total productivity for the period 1994–2007. We estimate the change in total productivity, breaking this down into technically efficient change and technological change by means of data envelopment analysis (DEA-Malmquist index). The aim of this procedure is to seek out those best practices that will lead to im...

This paper talks about the measurement of efficiency and productivity of non-life insurance firms in India. This study is focused on twelve private non-life insurance firms and four public sector non-life insurance firms of India in the period 2008-09 to 2012-13. Data Envelopment Analysis (DEA) coupled with Malmquist productivity Index is used in measuring the efficiency as well as productivity...

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...

The paper assesses the extent to which sampling variation affects findings about Malmquist productivity change derived using Data Envelopment Analysis (DEA), in the first stage calculating productivity indices and in the second stage investigating the farm-specific change in productivity. Confidence intervals for Malmquist indices are constructed using Simar and Wilson’s (1999) bootstrapping pr...

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...

Considering that the real estate industry is a critical to promote economy in China, it necessary measure performance. However, few studies about performance evaluation of China’s have focused on production process. To fill this gap, paper proposes two-stage framework investigate productivity 30 sample provinces mainland China from 2008 2015, based common-weight global Malmquist index (MPI). Th...