English, Article, Journal or magazine article edition: Parametric Decomposition of the Input-Oriented Malmquist Productivity Index: With an Application to Greek Aquaculture Christos Pantzios; Vangelis Tzouvelekas; Giannis Karagiannis

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Bookmark: http://trove.nla.gov.au/version/76876
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Parametric Decomposition of the Input-Oriented Malmquist Productivity Index: With an Application to Greek Aquaculture
Author
  • Christos Pantzios
  • Vangelis Tzouvelekas
  • Giannis Karagiannis
Physical Description
  • preprint
Notes
  • Using a stochastic frontier approach and a tranlog input distance function, this paper implements the input-oriented Malmquist productivity index to a sample of Greek aquaculture farms. It is decomposed into the effects of technical efficiency change, scale efficiency change, input-mix and, technical change, which is further attributed to neutral, output- and input-induced shifts of the frontier. Implementable expressions for the aforementioned components are obtained using a discrete changes-approach that is consistent with the usual discrete-form data. Empirical findings indicate that the productivity of the farms in the sample increased during the period 1995-99 at a moderate rate of about two percent, and it was shaped up primarily by the input mix-effect and technical change.
  • Malmquist productivity index; stochastic input distance function; Greek aquaculture farms
  • RePEc:crt:wpaper:0518
Language
  • English
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