Measurement of the Evolution of the Factors’ Total Productivity: The Malmquist Index

• Autor(a) principal: Rebelo, João
• Data de Publicação: 2000
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: https://doi.org/10.7559/gestaoedesenvolvimento.2000.7

The competitiveness of a country depends on the value and growth of the productivity sustained by the economic organisations that integrate the country’s economy. In order to complete the information provided by partial indicators it is fundamental to have one that is capable of getting the sources and comparing objectively and adequately the productivity evolution of the unities as a whole. This indicator is the factors’ total productivity index that may be quantified by the index numbers of Malmquist, Fischer or Törnqvist. In this article special attention is paid to the first one. The factors’ total productivity index of Malmquist is calculated according to the distance functions in relation to the frontier function. The method “Data Envelopment Analysis” or the parametrical stochastic functions are used to estimate the frontier function. In order to show the calculation process we applied the two methods on a balanced panel of 26 agricultural fields located in the MirandêsPlateau during the period from 1990 to 1997.