Scandinavian Working Papers in Business Administration

Discussion Papers,
Norwegian School of Economics, Department of Business and Management Science

No 2015/25: Malmquist Productivity Analysis based on StoNED

Xiaomei Cheng (), Endre Bjørndal () and Mette Bjørndal ()
Additional contact information
Xiaomei Cheng: Dept. of Business and Management Science, Norwegian School of Economics, Postal: NHH , Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway
Endre Bjørndal: Dept. of Business and Management Science, Norwegian School of Economics, Postal: NHH , Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway
Mette Bjørndal: Dept. of Business and Management Science, Norwegian School of Economics, Postal: NHH , Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway

Abstract: We construct a Malmquist productivity index based on stochastic non-parametric envelopment of data (StoNED) method, and we study how the distributional assumptions in the second StoNED stage affect productivity change and its decompositions. Our discussion show that the distributional assumptions do not affect the estimates of overall productivity change and scale efficiency change, but that estimates of efficiency change and technical change are affected. Data on Norwegian electricity distribution companies is used to illustrate our discussion.

Keywords: Productivity and competitiveness; StoNED; Malmquist productivity index; Wrong skewness issue

JEL-codes: C00; C10; C14; Q00

16 pages, September 24, 2015

Full text files

301610 PDF-file 

Download statistics

Questions (including download problems) about the papers in this series should be directed to Stein Fossen ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:nhhfms:2015_025This page generated on 2024-10-02 04:36:07.