Abstract
In this paper it is shown that under certain assumptions the Cost Indirect Malmquist Productivity Index, which is a natural productivity measure for a cost constrained firm, can be approximated as the ratio of the Fisher output quantity index and the cost index.
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References
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Balk, B.M. On approximating the Indirect Malmquist Productivity Indices by Fisher indices. J Prod Anal 6, 195–200 (1995). https://doi.org/10.1007/BF01076975
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DOI: https://doi.org/10.1007/BF01076975