An empirical analysis of productivity growth in a Portuguese retail chain using Malmquist productivity index

2004 ◽  
Vol 11 (5) ◽  
pp. 269-278 ◽  
Author(s):  
Carlos Pestana Barros ◽  
Carlos Alves
2016 ◽  
Vol 54 (3) ◽  
Author(s):  
Abdul Latif Alhassan ◽  
Nicholas Asare

Purpose This paper examines the effect of intellectual capital on bank productivity in an emerging market in Africa. Design/methodology/approach The Malmquist Productivity Index is employed to estimate productivity growth of 18 banks in Ghana from 2003 to 2011 while the Value Added Intellectual Coefficient is used to measure bank intellectual capital performance. The panel-corrected standard errors estimation technique is used to estimate a panel regression model with Malmquist Productivity Index as the dependent variable. Bank market concentration and bank size are controlled for in the regression analysis. Findings We find productivity growth to be largely driven by efficiency changes compared to technological changes. The results from the regression analysis indicate that Value Added Intellectual Coefficient has a positive effect on the productivity of banks in Ghana. We also find human capital efficiency and capital employed efficiency as the components of Value Added Intellectual Coefficient that drive productivity growth in the banking industry. Bank size and industry concentration are also identified as significant drivers of productivity in the market. Practical implications The study’s findings support investments in intellectual capital as a means of improving the performance of banks in emerging markets Originality/value To the best of our knowledge, this is the first study to empirically examine the relationship between intellectual capital and productivity in an emerging banking market in Africa.


2002 ◽  
Vol 22 (2) ◽  
pp. 133-146 ◽  
Author(s):  
Marcelo Farid Pereira ◽  
João Serafim Tusi da Silveira ◽  
Edgar Augusto Lanzer ◽  
Robert Wayne Samohyl

Starting in the 1970's, the Brazilian agricultural sector has experienced an important process of modernization, whose principal effects include advances in technological progress and gains in productivity. The primary objective of this paper is to analyze technological progress and total productivity growth in the Brazilian agricultural sector during the period from 1970 to 1996. The methodology used here is based on the Malmquist productivity index and techniques in mathematical programming called Data Envelopment Analysis. The results show that significant progress was made in this sector of the economy but concentrated in only some regions of the country.


ABSTRACT The present study endeavours to analyze the productivity growth and technical efficiency of Indian manufacturing sector both at aggregate and disaggregate inter-state level by taking into account the entire study period of 35 years from 1980-81 to 2014-15 and three distinct sub-periods viz., (i) Pre-reforms period (1980-81 to 1990-91: Period-I) ii) Post-reforms period Phase-I (1991-92 to 2000- 2001: Period-II) and iii) Post- reforms period Phase-II (2001-02 to 2014-15: Period-III).The study utilizes the single output (gross value added) and two inputs (gross fixed capital stock and total employees) framework and employed Data Envelopment Analysis (DEA) approach to compute the total factor productivity growth and technical efficiency scores of sixteen major Indian states. The comparative analysis of pre-reforms and post-reforms period depicted a slower TFP growth in the post-reforms era as compared to the pre-reforms period. Further, a non-parametric decomposition of the Malmquist Productivity Index (MPI) into its two components revealed that both before and after reforms, technological progress rather than technical efficiency change contributed more towards the productivity growth of manufacturing sector of these Indian states.


2021 ◽  
pp. 158-169
Author(s):  
Muhammad Asim Afridi ◽  
Imran Khan ◽  
Muddassar Khan

The performance of banks has been widely researched using accounting ratios, Tobin�s Q and market returns and less emphasis has been given to productivity measures. The productivity growth of banks is captured through Malmquist Productivity Index (MPI). The study then investigates the impact of intellectual capital on the productivity of banks in Pakistan. Value-added The intellectual Coefficient (VAIC) approach is employed to examine the intellectual capital of banks. Data is obtained from annual reports of 20 banks listed on the Pakistan Stock Exchange for 10 years (2007-2016). The panel corrected standard error approach is used for estimating the panel regression model. The findings provide evidence that the VAIC, human capital efficiency (HCE) and structural capital efficiency (SCE) has a positive impact on productivity growth (MPI). On the other hand, capital employed efficiency (CEE) has no significant impact on productivity growth. The VAIC approach may be useful for the banks and policymakers in a knowledge economy to integrate the intellectual capital in the decision-making process. Our results also suggest that banks in Pakistan shall increase spending on intellectual capital particularly on human capital and structural capital to elevate the intellectual capital of banks and subsequently get benefits in terms of increased productivity Keywords: Intellectual capital; Value added intellectual coefficient (VAIC); Malmquist productivity Index; Pakistan banking sector


Sign in / Sign up

Export Citation Format

Share Document