Grifell-Tatjé, E.; Lovell, C.; Pastor, J. - In: Journal of Productivity Analysis 10 (1998) 1, pp. 7-20
The Malmquist productivity index is based on distance functions, which are reciprocals of radial Debreu … distance function understates the distance to the relevant efficient subset, and the Malmquist productivity index is adversely …-Malmquist productivity index. We illustrate our quasi-Malmquist productivity index with an application to productivity change in Spanish …