A Comparison of Alternative Productivity Growth Measures: With Application to Electricity Generation

  • Tim Coelli
Part of the Studies in Productivity and Efficiency book series (SIPE, volume 1)


This chapter has two principal aims. The first is to measure total factor productivity (TFP) change in Australian coal-fired electricity generation. The second aim is to compare and contrast two alternative approaches to the calculation of Malmquist TFP indices. Namely, a data envelopment analysis (DEA) approach (Färe, Grosskopf, Norris and Zhang, 1994) and a stochastic frontier analysis (SFA) approach (similar to that used in Perelman, 1995). We also compare these results with those obtained using the more traditional Törnqvist index approach (Caves, Christensen and Diewert, 1982).


Data Envelopment Analysis Total Factor Productivity Stochastic Frontier Stochastic Frontier Model Technical Efficiency Change 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Tim Coelli
    • 1
  1. 1.Centre for Efficiency and Productivity Analysis, School of EconomicsUniversity of New EnglandArmidaleAustralia

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