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B.M. Balk (Bert)

2017-02-02

Profit-Oriented Productivity Change: A Comment

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This paper is a comment on a paper by Juo et al. in Omega 2015. It is shown that 1. their 'profit-Luenberger' productivity indicator is nothing but an empirical, profit-based Bennet quantity indicator, and 2. their 'price effect' is a residual incapable of serious interpretation.

Additional Metadata
Keywords Total factor productivity, indicator, decomposition, Bennet, Luenberger
JEL Index Numbers and Aggregation (jel C43), Production; Capital and Total Factor Productivity; Capacity (jel D24), Allocative Efficiency; Cost Benefit Analysis (jel D61)
Persistent URL hdl.handle.net/1765/100800
Organisation Rotterdam School of Management (RSM), Erasmus University
Citation
Balk, B. (2017). Profit-Oriented Productivity Change: A Comment. Retrieved from http://hdl.handle.net/1765/100800
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