De Borger, Bruno; Kerstens, Kristiaan - In: Scandinavian Journal of Economics 102 (2000) 2, pp. 303-10
A new decomposition of the Malmquist productivity index is proposed to account for changes in plant capacity utilization. Using a primal, non-parametric specification of technology, the Malmquist index is decomposed into technical efficiency change, variations in plant capacity utilization and...