Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.Essays in Honour Os Sten Malmquist Sten Malmquist, Rolf FAcre, Shawna Grosskopf, R. Robert Russell ... As noted in the previous section, Dj(u, x) agt; 1 means that x E L(u) but x Ap /(u), so that the input vector x can produce u, given the technology T, but the ... and Rhodes (1978), who referred to the mathematical- programming method of measuring technical efficiency as data envelopment analysis (DEA), anbsp;...

Title | : | Index Numbers: Essays in Honour of Sten Malmquist |

Author | : | Sten Malmquist, Rolf Färe, Shawna Grosskopf, R. Robert Russell |

Publisher | : | Springer Science & Business Media - 1997-11-30 |

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