A note on decomposing the Malmquist productivity index by means of subvector homotheticity

B-Tier
Journal: Economic Theory
Year: 2001
Volume: 17
Issue: 1
Pages: 239-245

Score contribution per author:

0.402 = (α=2.01 / 5 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper introduces a decomposition of the Malmquist productivity index into component indexes. The motivation is to derive an analogue of the decomposition of the Törnqvist index into productivity and quality change provided by Fixler and Zieschang (1992) to the Malmquist index. Since we employ no second order approximations, this decomposition requires additional structure, namely a generalized version of Shephard's (1970) inverse homotheticity, which we dub subvector homotheticity. We show that subvector homotheticity is necessary and sufficient for our decomposition.

Technical Details

RePEc Handle
repec:spr:joecth:v:17:y:2001:i:1:p:239-245
Journal Field
Theory
Author Count
5
Added to Database
2026-01-25