scholarly journals PERFORMANCE OF CZECH FOOTBALL CLUBS: MALMQUIST INDEX APPROACH

ACC Journal ◽  
2021 ◽  
Vol 27 (2) ◽  
pp. 102-112
Author(s):  
Michal Tomíček ◽  
Natalie Pelloneová
Keyword(s):  
Malmquist Index ◽  
Efficiency Score ◽  
Productivity Change ◽  
Efficiency Change ◽  
Modern Times ◽  
Modern Cities ◽  
Football Clubs ◽  
Index Approach ◽  
Total Productivity ◽  
High Level

Sport has become an important part of our lives in the modern times and sporting sites contribute significantly to the image and texture of modern cities. Regarding the popularity of sport, and football in particular, it has become an important modern place where specific types of economic and social interaction take place. The aim of this article is to propose a method for evaluating the performance of football clubs based on DEA and Malmquist index. Professional Czech football clubs playing in the Czech football competition Fortuna:Liga were selected for empirical analysis. To analyze the relative efficiency of football clubs, BCC and CCR models were employed. The study was conducted on a sample of 20 clubs through 2 inputs and 1 output collected during the 2015/16 – 2019/20 seasons. For some clubs the values of the Malmquist index were calculated. With help of MI it was possible to quantify the total productivity change factor and to decompose it to technological change and technical efficiency change. The results show that Czech football clubs achieved a relatively high level of efficiency in the period monitored and that traditional clubs achieved the highest efficiency score. These results could help club managers improve the performance of their teams.

scholarly journals Productivity Change and Decomposition in Taiwan Bakery Enterprise―Evidence from 85 °C Company

2019 ◽  
Vol 11 (24) ◽  
pp. 7077
Author(s):  
Chieh-Wen Chang ◽  
Kun-Shan Wu ◽  
Bao-Guang Chang
Keyword(s):  
Technical Progress ◽  
Malmquist Index ◽  
Productivity Change ◽  
Subtropical Climate ◽  
The Sustainable Development ◽  
Index Model ◽  
The North ◽  
Fast Change ◽  
Total Productivity ◽  
Post Hoc

In recent years, the bakery market has grown rapidly. Alongside its growth and fast change, it is very important to comprehend the productivity change of the bakery industry. Nowadays, effective management is more and more important to ensure the sustainable development of enterprises. Thus, productivity change of 22 self-owned stores of a famous bakery company (85 °C) from 2011 to 2016 was quantitatively analyzed and evaluated by adopting Malmquist index model in this study. Based on the Malmquist index model, the overall mean for total productivity change of 85 °C increased slightly from 2011 to 2016, and the productivity change was easily affected by technical progress. Moreover, the results also show that the north-district self-owned stores (which are located in subtropical climate) have the worst technical progress and total factor productivity change during 2011–2016 period by adopting the non-parametric Kruskal–Wallis and Dunn post-hoc test.

scholarly journals Productivity of Estonian dairy farms decline after the accession to the European Union

2011 ◽  
Vol 57 (No. 9) ◽  
pp. 457-463 ◽  
Author(s):  
N. Vasiliev ◽  
E. Suuster ◽  
H. Luik ◽  
R. Värnik ◽  
E. Matveev ◽  
...  
Keyword(s):  
European Union ◽  
Dairy Farms ◽  
Efficiency Score ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Productivity Change ◽  
Annual Growth Rate ◽  
The European Union ◽  
Efficiency Change ◽  
Significant Deterioration

The aim of the study was to analyze the productivity change of Estonian dairy farms before and after the accession to the European Union. The Malmquist productivity index was measured and separated into the technical and efficiency change using the data envelopment analysis for the pre-accession period (years 2001–2003) and the post-accession period (2004–2006). Second-stage regression was applied to estimate the possible variables determining the productivity and efficiency change. Productivity growth of Estonian dairy farms was negative for both observed periods; the mean annual growth rate of the Malmquist productivity index was –0.7% in 2001–2003 and –2.6% in 2004–2006. The share of farms with declining productivity increased from 36% to 50% after the accession to the EU and is induced mainly by a significant deterioration in the efficiency change. Remarkable changes in the line-up of most efficient dairy farms occurred between 2000 and 2006, producers with greater initial efficiency have experienced significant regress, with efficiency score decreasing from 0.842 in 2000 to 0.608 in 2006 and the new front-runners, forming the efficiency frontier, have emerged. Capitalization was positively related with the cumulative technical change. Nevertheless, increasing investments and assets have not affected efficiency change and investments have often not been harnessed in the best possible way.  

scholarly journals Application of Window Malmquist Index for Examination of Efficiency Change of Czech Commercial Banks

2017 ◽  
Vol 8 (3) ◽  
pp. 173-190
Author(s):  
Iveta Palecková
Keyword(s):  
Commercial Banks ◽  
Returns To Scale ◽  
Malmquist Index ◽  
Scale Efficiency ◽  
Data Envelopment ◽  
Efficiency Change ◽  
Average Efficiency ◽  
Index Approach ◽  
Constant Returns To Scale ◽  
Variable Returns To Scale

Abstract The aim of the paper is to apply the Window Malmquist index approach to examine the efficiency change of Czech commercial banks within the period 2004-2013. We used the Data Envelopment Analysis and theWindow Malmquist index approaches to estimate the efficiency change of Czech commercial banks. The average efficiency computed under the assumption of constant returns to scale was 73% and under the assumption of variable returns to scale the value was 83%. We estimated the average positive efficiency growth of Czech commercial banks during the period 2004-2013. We found that average scale efficiency was 88%, which means that Czech commercial banks were of an inappropriate size, especially the largest banks.

Efficiency, productivity and Islamic banks: an application of DEA and Malmquist index

Humanomics ◽  
2015 ◽  
Vol 31 (1) ◽  
pp. 118-131 ◽  
Author(s):  
Muhammad Abbas ◽  
Rayan S Hammad ◽  
Mohamed Fathy Elshahat ◽  
Toseef Azid
Keyword(s):  
Malmquist Index ◽  
Productivity Index ◽  
Scale Efficiency ◽  
Productivity Change ◽  
Islamic Banks ◽  
Efficiency Change ◽  
Lower Growth ◽  
Content Type ◽  
Future Policy ◽  
Conventional Banks

Purpose – This paper aims to compute the Malmquist Index of Islamic and conventional banks to compare their performance in the sample period of 2005-2009. Islamic banks have been showing tremendous growth throughout the world in recent past. Their progress is exceptional in Islamic countries on account of patronization for religious reasons. There existed vacuum in research of their productivity change over the years. Design/methodology/approach – This study tries to apply the Malmquist Index. The Malmquist Total Factor Productivity Index has been further divided into Efficiency Change Index, Technological Change Index, Pure Efficiency Change Index and Scale Efficiency Change Index to obtain an insight about the reasons for the change in productivity. Findings – Results indicate that the productivity of Islamic banks decreased in 2007 but it increased in 2008 to 2009. Islamic banks had higher productivity growth from 2005 to 2006, but they experienced lower growth in subsequent years as compared to their conventional counterparts. Research limitations/implications – Data were not available before 2005 in Pakistan. Practical implications – This study is helpful for the investors and bankers for formulating the future policy. Social implications – This study also provides a guideline for establishing the ethical financial institutions. Originality/value – This is an original attempt.

scholarly journals INTERTEMPORAL EFFICIENCY AND PRODUCTIVITY CHANGING ON TELECOMMUNICATION INDUSTRY (TI) IN ASEAN-5

2021 ◽  
Vol 6 (1) ◽  
pp. 123
Author(s):  
Dyah Wulan Sari ◽  
Lusi Sulistyaningsih ◽  
Haura Azzahra Tarbiyah Islamiya ◽  
Wenny Restikasari
Keyword(s):  
Technical Efficiency ◽  
Malmquist Index ◽  
Primary Source ◽  
Efficiency Score ◽  
Productivity Change ◽  
Telecommunication Industry ◽  
Data Envelopment ◽  
The Mean ◽  
Intertemporal Efficiency ◽  
Efficiency And Productivity

The study aims to measure the technical and intertemporal efficiency and find the primary source of productivity change on top three telecommunication firms in each country of ASEAN-5 (Indonesia, Malaysia, Thailand, Philippines, and Singapore) from 2010 to 2016. Data Envelopment Analysis (DEA) bootstrapping with 2000 iterations, DEA window, and Malmquist index are applied to calculate technical efficiency, intertemporal efficiency, and productivity change. The estimation results elucidate that, on average, the technical efficiency of firms is relatively low. On the opposite, the intertemporal efficiency results indicate that the mean efficiency score of each window is high. However, the LDW and LDP tend to be high, showing that the efficiency scores fluctuate. The Malmquist index calculation yields that technological progress possesses a significant contribution to productivity change.Keywords: Technical Efficiency, Intertemporal Efficiency, Productivity Change, Telecommunication Industry, ASEAN-5  JEL Classifications: L8, F6, O5, O1, O3

scholarly journals Personnel Expenses and Productivity Change in Peruvian Stock Mining Companies

2021 ◽  
Vol 12 (3) ◽  
pp. 181
Author(s):  
Johan Axcel Torres Bonilla ◽  
Fiorella Melissa Arena Pariona Marcos ◽  
Pedro Bernabe Venegas Rodriguez ◽  
Nivardo Alonzo Santillan Zapata ◽  
Jimmy Alberth Deza Quispe
Keyword(s):  
Technical Efficiency ◽  
Malmquist Index ◽  
World Market ◽  
Productivity Change ◽  
Copper Mining ◽  
Mining Activities ◽  
Efficiency Change ◽  
Mining Companies ◽  
The World ◽  
Personnel Expenses

Copper mining activities have a huge importance for both the Peruvian economy and the world. Then, it is important to analyze how mining companies face productivity to stay afloat in the competitive world market. For this reason, Peruvian mining companies were analyzed in the 2016-2019 period by employing the Malmquist index as well as its decomposition. Two-year, three-year, and four-year intervals were used for a better understanding of the results. It was found that the major determinants for productivity change was technical efficiency change and technological switch.

scholarly journals AGRICULTURAL MODELS IN EU FADN REGIONS AND CHANGES IN FARM PRODUCTIVITY AND INCOMES

2019 ◽  
Vol 50 (4) ◽  
Author(s):  
Łukasz Kryszak
Keyword(s):  
Total Factor Productivity ◽  
Malmquist Index ◽  
Industrial Agriculture ◽  
Basic Income ◽  
Factor Productivity ◽  
Land Productivity ◽  
Farm Productivity ◽  
Labor Inputs ◽  
Total Productivity ◽  
High Level

The purpose of this paper is to present and comparethe level of and changes in (total and partial) productivityand basic income categories in FADN regions. The regionswere grouped into 4 clusters where relatively similar types ofagriculture predominate. Changes in total factor productivity(TFP) were evaluated using the Malmquist index and Tokarski’smethod. The research showed that regions with extremelyintensive agriculture achieved a high level of productivityand income. However, while there is little potential for productivitygrowth (especially through improved technical efficiency)in these areas, local farms implement technologicalprogress. Regions with ‘industrial’ agriculture generally demonstratelow levels of TFP, which is however accompanied bygrowth due to advances in both efficiency and technology. Inregions where less developed or more traditional agriculturepredominates, low to medium levels of incomes and of partialand total productivity were observed whereas the growth ratesfor labor and land productivity were relatively high. Also, thekey economic category for the farming sector, i.e. incomefrom labor inputs, was observed to grow at a relatively highpace. Note that an analysis of productivity and profitability inagricultural holdings based on only one measure or researchmethod can lead to hasty conclusions.

scholarly journals Total Productivity Change of Health Centers in Greece in 2016-2018: A Malmquist Index Data Envelopment Analysis Application for the Primary Health System of Greece.

2021 ◽  
Author(s):  
Anastasios Trakakis ◽  
Miltiadis Nektarios ◽  
Styliani Tziaferi ◽  
Panagiotis Prezerakos
Keyword(s):  
Health Care ◽  
Primary Health Care ◽  
Data Envelopment Analysis ◽  
Technical Efficiency ◽  
Malmquist Index ◽  
Health Centers ◽  
Productivity Change ◽  
Data Envelopment ◽  
Primary Health ◽  
Total Productivity

Abstract Background: This paper attempts to evaluate Primary Health Care System by evaluating Health Centers in Greece.Methods: Malmquist Index Data Envelopment Analysis is applied to study the total productivity of 155 Heath Centers in Greece during 2016-2018. The Data were collected from the Ministry of Health and were submitted into quality tests to ensure validity and avoid bias.Results: This paper measures the productivity of each of the 155 Health Centers in Greece and how it shifted during 2016-2018. In addition, the overall productivity change of the 155 Health Centers over time is calculated and analyzed into a change due to technical efficiency and a change due to technological efficiency. The analysis of the means values showed a decrease of 0,9% in the overall productivity factor from the year 2016 to the year 2017 and a decrease of 5,2% from the year 2017 to the year 2018. The overall decrease in the productivity of the 155 health Centers was 3,1%. From 2016 to 2018, 59 Health centers changed their productivity mainly due to technological change, 91 mainly due to technical efficiency change, while one Health Center showed regression to its total productivity due to equal regression of its technical efficiency and technology.Conclusions: The method used is non-parametric Data Envelopment Analysis along with Malmquist Index, so as to include panel data in the analysis. Meaningful results were extracted by indicating the number of Health Centers that their productivity improved, regressed or remained constant through the period 2016-2018. This paper may contribute to improve Health Centers’ efficiency and productivity. Furthermore, valuable results can be extracted, for the National Health Care System in order to match available resources depending on each Health Center’s needs, as well as for manager planners and stakeholders in Primary Health Care.JEL Classification: C14, C32, C52, I10

scholarly journals Good Governance and Agricultural Efficiency

2015 ◽  
Vol 6 (1) ◽  
pp. 14-23
Author(s):  
Nizamettin Bayyurt ◽  
Fatma Eban Arıkan .
Keyword(s):  
Good Governance ◽  
Malmquist Index ◽  
Productivity Change ◽  
Tobit Regression ◽  
Agricultural Exports ◽  
Eu Countries ◽  
Agricultural Efficiency ◽  
Governance Indicators ◽  
Total Productivity ◽  
The Impact

This study aims to understand the effects governance indicators on the agricultural efficiency using European countries as a tool. It focuses on the efficiency of EU countries together with Turkey. In the first stage Data Envelopment Analysis and Malmquist Index are used to derive efficiency scores and the Total Productivity Change in time for 24 countries during the study period. A panel data Tobit regression is employed in the second stage to assess the key governance indicators explaining the observed variations in the efficiency levels. Four governance indicators namely, voice and accountability control of corruption, government effectiveness and regulatory quality together with the control variables; agricultural exports, education, research and development expenditures are analyzed in this stage. Findings show that the average efficiency of EU countries was slightly increased during the study period. The impact of voice and accountability, the share of R&D in GDP and the share of food products in exports upon the agricultural efficiency are positive whereas the impacts of the share of GDP allocated to education upon agricultural efficiency is negative.

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