2005
DOI: 10.1016/j.econlet.2005.02.013
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A global Malmquist productivity index

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Cited by 590 publications
(320 citation statements)
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“…As shown in Figure 1, the P G envelopes all contemporaneous benchmark technologies by establishing a single reference PPS. Pastor and Lovell [45] first proposed the GMPI, and traditional TFP growth can be measured by computing the change of GMPI. Moreover, GMPI can be decomposed into technical efficiency change (GMECH) and technical progress change (GMTCH): Due to the GMPI not incorporating the undesirable outputs, it is necessary to define a global DDF based on the global benchmark technology:…”
Section: Ddf and Gml Productivity Indexmentioning
confidence: 99%
“…As shown in Figure 1, the P G envelopes all contemporaneous benchmark technologies by establishing a single reference PPS. Pastor and Lovell [45] first proposed the GMPI, and traditional TFP growth can be measured by computing the change of GMPI. Moreover, GMPI can be decomposed into technical efficiency change (GMECH) and technical progress change (GMTCH): Due to the GMPI not incorporating the undesirable outputs, it is necessary to define a global DDF based on the global benchmark technology:…”
Section: Ddf and Gml Productivity Indexmentioning
confidence: 99%
“…This approach presents some problems, such as possible infeasibility in DEA models and lack of circularity. To overcome this, Pastor & Lovell (2005) propose the Global Malmquist index:…”
Section: Methodsmentioning
confidence: 99%
“…Thus Malmquist productivity indices, either traditional (Färe et al, 1994) or global (Pastor & Lovell, 2005) can be split into PEC, SEC and TC.…”
Section: Methodsmentioning
confidence: 99%
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“…Following [25,26], we further define the global benchmark technology for the industrial sub-sector i as:…”
Section: Introductionmentioning
confidence: 99%