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How to calculate MetaFrontier Malmquist and its components using MaxDEA?

 

The MetaFrontier Malmquist proposed by Oh & Lee (2010) is essentially the same as the Global Malmquist proposed by Pastor & Lovell (2005). Their difference is that Oh & Lee (2010) add a "Group" factor to the Global Malmquist. After introducing such a group factor, the MetaFrontier Malmquist is decomposed as follows.

MetaFrontier Malmquist = EC * BPC * TGC

Where MetaFrontier Malmquist = Global Malmquist without grouping

EC= Efficiecncy Change using traditional contemporaneous Malmquist method within a group

BPC= Technological Change using global Malmquist method within a group

TGC = MetaFrontier Malmquist/ EC / BPC

Using MaxDEA 5.2, the MetaFrontier Malmquist and its components can be calculated as follows.

1)      MetaFrontier Malmquist = “Malmquist Index” in Global Malmquist model (analyze all groups as a whole);

2)      EC = “Efficiency Change” in Global Malmquist model (analyze each group one by one);

3)      BPC = “Technological Change” in Global Malmquist model (analyze each group one by one);

4)      TGC = MetaFrontier Malmquist/ EC / BPC.

Using MaxDEA 6.0, the MetaFrontier Malmquist and its components can also be calculated in a batch mode as follows.

1)      A Group variable must be added in the dataset. It should be defined as "Cluster" in the "Data Definition" window;

2)      MetaFrontier Malmquist = “Malmquist Index” in Global Malmquist model (analyze all groups as a whole);

3)      EC = “Efficiency Change” in Global Malmquist model in conjunction withBenchmarking by Cluster - Self-benchmarkingmethod;

4)      BPC = “Technological Change” in Global Malmquist model in conjunction with “Benchmarking by Cluster - Self-benchmarking” method;

5)      TGC = MetaFrontier Malmquist/ EC / BPC.

 

References

MetaFrontier Malmquist

Oh D-h, Lee J-d. A metafrontier approach for measuring Malmquist productivity index. Empirical Economics, 2010, 38(1): 47-64.

 

Contemporaneous/Adjacent Malmquist

Färe R, Grosskopf S, Lindgren B, Roos P. Productivity changes in Swedish pharamacies 1980–1989: A non-parametric Malmquist approach. J Prod Anal, 1992, 3(1-2): 85-101.

 

Global Malmquist

Pastor J T, Lovell C A K. A global Malmquist productivity index. Economics Letters, 2005, 88(2): 266-71.