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Cross-country analysis of efficiency and productivity in the biotech industry: an application of the generalized metafrontier Malmquist productivity index
asymmetry co-integration milk, price transmission VECM
2015/3/31
The paper provides insights into the price transmission of dairy sector in Slovakia and examined the nature of price adjustments and market efficiency along the vertical chain. The results were based ...
ON THE CIRCULARITY OF THE MALMQUIST PRODUCTIVITY INDEX
Circularity transitivity Malmquist productivity index multilateral index chain-linking
2014/6/25
Circularity is a desirable property of a productivity index seldom satisfied in available bilateral indices, such as the Malmquist index. Within a setting of micro units belonging to groups with group...