Journal of Productivity Analysis

, Volume 20, Issue 3, pp 437–458

The Decomposition of Malmquist Productivity Indexes

  • C. A. Knox Lovell
Article

DOI: 10.1023/A:1027312102834

Cite this article as:
Lovell, C.A.K. Journal of Productivity Analysis (2003) 20: 437. doi:10.1023/A:1027312102834

Abstract

Two different Malmquist productivity indexes have been proposed. One I call partially oriented because it is either output- or input-oriented, and the other is simultaneously output- and input-oriented. The partially oriented Malmquist index owes some of its popularity to the fact that it has been decomposed to isolate various sources of productivity change. Conversely, the simultaneously oriented Malmquist index has not achieved popularity in part because it has not been decomposed. In this paper I evaluate alternative decompositions of the partially oriented Malmquist index, and I obtain a new decomposition of the simultaneously oriented Malmquist index. This new decomposition leads me to conclude that the latter index is deserving of greater attention than it has received to date.

Malmquist productivity indexes sources of productivity change 

Copyright information

© Kluwer Academic Publishers 2003

Authors and Affiliations

  • C. A. Knox Lovell
    • 1
  1. 1.Department of EconomicsTerry College of Business, University of GeorgiaAthensUSA

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