A metafrontier approach for measuring Malmquist productivity index

• This paper presents an alternative framework for the decomposition of the Malmquist productivity index by using the concept of a metafrontier. The approach employed allows the calculation of technical efficiency changes, as well as technical changes, for economic agents operating under different technologies. It also enables the computation of the technological gap and its changes for economic agents operating under different technologies. This framework is applied to the analysis of panel data on 58 countries over a period of 31 years from 1970 to 2000. The empirical results show that Asian countries have attempted to move towards the frontier technology and that European countries have taken the lead in the world frontier technology.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business (hsv//eng)

NATURVETENSKAP  -- Matematik (hsv//swe)

NATURAL SCIENCES  -- Mathematics (hsv//eng)

Nyckelord

Malmquist productivity index

Efficiency change

Technical change

Technical leadership

Business and economics

Ekonomi

Social sciences

Socialvetenskap

MATHEMATICS

MATEMATIK

Publikations- och innehållstyp

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