The Malmquist productivity index studies productivity change, that is, the technical progress or regress together with the efficiency changes over time. In a nonparametric framework, the index can be estimated by data envelopment analysis (DEA). In this paper, first all inputs are divided into...

This paper examines shareholder value drivers in European banking focusing on the efficiency and productivity features of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity (TFP) (in all its components, including technological...

This study aims to examine the trends of productivity, efficiency and quality changes of hospitals in Shenzhen city over the period 2006–2010 and explore whether there is a trade-off between efficiency and quality in the hospital production. A three-stage data envelopment analysis (DEA) based...

This study examines whether today's technical change depends on yesterday's technical change. We propose to investigate this feedback effect by using the technical-change component of the Malmquist productivity index. This approach can overcome some problems in alternative patent-citation...

This study examines whether today’s technical change depends on yesterday’s technical change. We propose to investigate this feedback effect by using the technical-change component of the Malmquist productivity index. This approach can overcome some problems in alternative patent-citation...