A Parametric Distance Function Approach for Malmquist Productivity Index Estimation

By Hugo J. Fuentes, E. Grifell-Tatjé, Sergio Perelman. 2001

164 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/6a35811acbaa0be386e2289aba783b8e52273bdc

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. M. Luhnen
2. Martin Eling
3. C. O'Donnell
4. Dev Vencappa
5. R. Demeter
6. Xueqin Zhu
7. Tim Coelli
8. A. O. Lansink

In Management Science and Operations Research

1. C. O'Donnell
2. Martin Eling
3. Dev Vencappa
4. R. Demeter
5. Xueqin Zhu
6. Tim Coelli
7. M. Luhnen
8. A. O. Lansink

Citations in the corpus

• Frontier Efficiency Methodologies to Measure Performance in the Insurance Industry: Overview, Systematization, and Recent Developments (2010, background): “Overall, the total factor productivity growth is relatively lower in the insurance indus- try, especially compared to manufacturing industries (Bernstein, 1999; Fuentes et al., 2001; Luhnen, 2008).”
• A Bayesian Approach to Imposing Curvature on Distance Functions (2005, methodology): “They have also been used to measure and decompose productivity growth through time – see the analysis of Spanish insurance companies by Fuentes, Grifell-Tatje and Perelman (2001) , the analysis of Spanish savings banks by Orea (2002), and the study by Brummer, Glauben and Thijssen (2002) which meas”
• The Hicks-Moorsteen productivity index satisfies the determinateness axiom (2011, unknown): “1While most studies use non-parametric technologies, this same index can be computed using distance function estimates based on parametric technology specifications (e.g. Fuentes et al., 2001).”
• Efficiency and productivity (2008, unknown): “Fuentes et al. (2001) and Atkinson et al. (2003) illustrate alternative specifications and provide applications to Spanish insurance companies and US railroads, respectively.”
• Market structure and the efficiency of European insurance companies: A stochastic frontier analysis (2008, methodology): “Fuentes et al. (2001), in contrast, report very low rates of productivity growth and technical change despite the deregulation process and expansion of activity for Spanish insurance firms for a relatively earlier period of 1987-1994 by employing Malmquist productivity indexes within the determinist”
• Technical efficiency and productivity differentials of dairy farms in three EU countries: the role of CAP subsidies (2012, background): “…the statistical ‘noise’ and using );,(ln 0 β t i t i t it yxDu −= , we obtain the normalized output distance function 6 (see Coelli and Perelman, 1999, Fuentes et al., 2001): itit t mi t i t i tt mi vuyyxDy ++=− );/,(lnln 0 β (1) where β is a vector of parameter to be estimated, itu is a…”