DE BORGER, Bruno; KERSTENS, Kristiaan - Faculteit Toegepaste Economische Wetenschappen, …
efficiency change, variations in plant capacity utilisation, and frontier shifts. It provides an alternative to the available … methods to incorporate capacity utilisation changes in measures of productivity change. The latter are based upon parametric …This note proposes a new decomposition of the Malmquist productivity index to account for changes in plant capacity …