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Exact relations between Luenberger productivity indicators and Malmquist productivity indexes
Authors:Bert M Balk  Rolf Färe  Shawna Grosskopf  Dimitris Margaritis
Institution:(1) Statistics Netherlands and RSM Erasmus University, Rotterdam, Netherlands;(2) Department of Economics, Oregon State University, 303 Ballard, Corvallis, OR 97331, USA;(3) AUT, Faculty of Busniess, Auckland, New Zealand
Abstract:In this note we derive an exact relation between Luenberger productivity indicators and Malmquist productivity indexes. The authors are grateful for referee comments which substantially improved the paper.
Keywords:Luenberger productivity indicator  Malmquist productivity index  Logarithmic mean
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