A note on measuring group performance over time with pseudo-panels

Aparicio et al. (2017) recently extended the Camanho and Dyson (2006) Malmquist-type index (CDMI) for determining group performance in cross-sectional studies to panel or pseudo-panel databases. In that paper, it was shown that the pseudo-panel Malmquist index (PPMI) can be easily interpreted as the...

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Detalles Bibliográficos
Autores: Aparicio, Juan, Santín González, Daniel
Tipo de recurso: artículo
Fecha de publicación:2017
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/22968
Acceso en línea:https://hdl.handle.net/20.500.14352/22968
Access Level:acceso abierto
Palabra clave:Data Envelopment Analysis
Group performance
Malmquist index
Econometría (Economía)
5302 Econometría
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oai_identifier_str oai:docta.ucm.es:20.500.14352/22968
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spelling A note on measuring group performance over time with pseudo-panelsAparicio, JuanSantín González, DanielData Envelopment AnalysisGroup performanceMalmquist indexEconometría (Economía)5302 EconometríaAparicio et al. (2017) recently extended the Camanho and Dyson (2006) Malmquist-type index (CDMI) for determining group performance in cross-sectional studies to panel or pseudo-panel databases. In that paper, it was shown that the pseudo-panel Malmquist index (PPMI) can be easily interpreted as the ratio of aggregated productivity changes in two groups of decision making units over time if and only if a new -difficult to interpret- term, the so called ‘divergence component’ (DC), is equal to one. The aim of this paper is twofold. First, based upon considering a baseline group technology we define a new base-group base-period PPMI where the DC always vanished. Second, when more than two groups are analyzed we show that under this framework the new base-group base-period PPMI, the new base-group CDMI and the components of both indexes satisfy the circular relation. As a consequence, the complicated ‘adjusted index’ defined in Camanho and Dyson (2006) for measuring the technology gap to satisfy the circular relation also vanishes. Both results will make it easier for practitioners applying the two indexes in different economic sectors regardless of how many groups are being compared.Munich University LibraryUniversidad Complutense de Madrid20172017-01-0120172017-01-01journal articlehttp://purl.org/coar/resource_type/c_6501AMhttp://purl.org/coar/version/c_ab4af688f83e57aainfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/22968reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/229682026-06-02T12:44:21Z
dc.title.none.fl_str_mv A note on measuring group performance over time with pseudo-panels
title A note on measuring group performance over time with pseudo-panels
spellingShingle A note on measuring group performance over time with pseudo-panels
Aparicio, Juan
Data Envelopment Analysis
Group performance
Malmquist index
Econometría (Economía)
5302 Econometría
title_short A note on measuring group performance over time with pseudo-panels
title_full A note on measuring group performance over time with pseudo-panels
title_fullStr A note on measuring group performance over time with pseudo-panels
title_full_unstemmed A note on measuring group performance over time with pseudo-panels
title_sort A note on measuring group performance over time with pseudo-panels
dc.creator.none.fl_str_mv Aparicio, Juan
Santín González, Daniel
author Aparicio, Juan
author_facet Aparicio, Juan
Santín González, Daniel
author_role author
author2 Santín González, Daniel
author2_role author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv Data Envelopment Analysis
Group performance
Malmquist index
Econometría (Economía)
5302 Econometría
topic Data Envelopment Analysis
Group performance
Malmquist index
Econometría (Economía)
5302 Econometría
description Aparicio et al. (2017) recently extended the Camanho and Dyson (2006) Malmquist-type index (CDMI) for determining group performance in cross-sectional studies to panel or pseudo-panel databases. In that paper, it was shown that the pseudo-panel Malmquist index (PPMI) can be easily interpreted as the ratio of aggregated productivity changes in two groups of decision making units over time if and only if a new -difficult to interpret- term, the so called ‘divergence component’ (DC), is equal to one. The aim of this paper is twofold. First, based upon considering a baseline group technology we define a new base-group base-period PPMI where the DC always vanished. Second, when more than two groups are analyzed we show that under this framework the new base-group base-period PPMI, the new base-group CDMI and the components of both indexes satisfy the circular relation. As a consequence, the complicated ‘adjusted index’ defined in Camanho and Dyson (2006) for measuring the technology gap to satisfy the circular relation also vanishes. Both results will make it easier for practitioners applying the two indexes in different economic sectors regardless of how many groups are being compared.
publishDate 2017
dc.date.none.fl_str_mv 2017
2017-01-01
2017
2017-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
AM
http://purl.org/coar/version/c_ab4af688f83e57aa
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/22968
url https://hdl.handle.net/20.500.14352/22968
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Munich University Library
publisher.none.fl_str_mv Munich University Library
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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