The factor X in the RPI-X regulation aims to adjust price or revenue allowances to changes in total factor productivity … and input prices. A cost Malmquist index can be applied to determine the efficient cost change (ECC). However, regulators …

This article first reviews the well-known nonparametric methods of decomposing productivity growth and finally argue … that Färe et al. (1994)’s method of computing productivity growth is superior in spite of the fact that this model model is … scale, and economies of specialization, which all arise from concavities in production. Second, we find the measurement of …

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 … methods of incorporating capacity utilization changes into measures of productivity change. Such measures are based on …

evaluation of banks, i.e., the measurement of the productivity and research results of previous authors’ studies of the European … total factor productivity index or SFA method, are increasingly being used to evaluate the productivity of banks and other … financial institutions. The measurement of bank productivity is of vital importance from both a microeconomic and a …

workout efficiency and productivity of the ICT sector across 50 countries for the time period 2016 and 2020. By considering … OECD -DSTRI index as bad output, the study intends to estimate the influence of digital trade regulations (or digital … services trade restrictiveness) on productivity and efficiency of the ICT sector across countries. The SFA scores are compared …

The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …