Malmquist indexes using a geometric distance function (GDF). Application to a sample of portuguese bank branches
Traditional approaches to calculate total factor productivity (TFP) change through Malmquist indexes rely on distance functions. In this paper we show that the use of distance functions as a means to calculate TFP change may introduce some bias in the analysis, and therefore we propose a procedure t...
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| Format: | article |
| Language: | eng |
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2011
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| Online Access: | http://hdl.handle.net/10400.14/5361 |
| Country: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/5361 |