The measurement of productive performance with consideration for allocative efficiency
The measurement of productive performance with consideration for allocative efficiency
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DOI:
10.1016/j.omega.2018.09.012
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发表时间:
2019-12
影响因子:
6.9
通讯作者:
Yu Zhao;Hiroshi Morita;Yukihiro Maruyama
中科院分区:
文献类型:
--
作者:
Yu Zhao;Hiroshi Morita;Yukihiro Maruyama
We propose a profit ratio (the ratio of revenue to expenses) change index, which can be applied to panel data to measure productivity growth and suitable for situations when producers desire to maximize revenue and minimize expenses simultaneously. To identify the drivers of changes in a profit ratio change index, we decompose the index into profit ratio efficiency change and change of profit ratio boundary. We also propose an alternative decomposition of the profit ratio change index, which is the product of the Malmquist input-oriented productivity index and an allocation Malmquist productivity index. We demonstrate the method on a Japanese banking data set.