An allocation Malmquist index with an application in the China securities industry

Nan Zhu; Yi Liu; Ali Emrouznejad; Qiang Huang

doi:10.1007/s12351-016-0249-6

An allocation Malmquist index with an application in the China securities industry

Nan Zhu, Yi Liu, Ali Emrouznejad^*, Qiang Huang

^*Corresponding author for this work

Operations & Information Management

Research output: Contribution to journal › Article › peer-review

Abstract

This paper proposes an allocation Malmquist index which is inspired by
the work on the non-parametric cost Malmquist index. We first show that how to
decompose the cost Malmquist index into the input-oriented Malmquist index and
the allocation Malmquist index. An application in corporate management of the
China securities industry with the panel data set of 40 securities companies during
the period 2005–2011 shows the practicality of the propose model.

Original language	English
Pages (from-to)	669-691
Number of pages	23
Journal	Operational Research
Volume	17
Issue number	2
Early online date	3 Jun 2016
DOIs	https://doi.org/10.1007/s12351-016-0249-6
Publication status	Published - Jul 2017

Bibliographical note

The final publication is available at Springer via http://dx.doi.org/10.1007/s12351-016-0249-6

Keywords

data envelopment analysis
overall efficiency
allocative efficiency
allocation Malmquist index

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10.1007/s12351-016-0249-6

Allocation Malmquist index with an application in the China securities industry
The final publication is available at Springer via http://dx.doi.org/10.1007/s12351-016-0249-6
Accepted author manuscript, 477 KB

Cite this

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AU - Zhu, Nan

AU - Liu, Yi

AU - Emrouznejad, Ali

AU - Huang, Qiang

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PY - 2017/7

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N2 - This paper proposes an allocation Malmquist index which is inspired bythe work on the non-parametric cost Malmquist index. We first show that how todecompose the cost Malmquist index into the input-oriented Malmquist index andthe allocation Malmquist index. An application in corporate management of theChina securities industry with the panel data set of 40 securities companies duringthe period 2005–2011 shows the practicality of the propose model.

AB - This paper proposes an allocation Malmquist index which is inspired bythe work on the non-parametric cost Malmquist index. We first show that how todecompose the cost Malmquist index into the input-oriented Malmquist index andthe allocation Malmquist index. An application in corporate management of theChina securities industry with the panel data set of 40 securities companies duringthe period 2005–2011 shows the practicality of the propose model.

KW - data envelopment analysis

KW - overall efficiency

KW - allocative efficiency

KW - allocation Malmquist index

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JF - Operational Research

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ER -

An allocation Malmquist index with an application in the China securities industry

Abstract

Bibliographical note

Keywords

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