Technical Background and Data Set
Technical Background and Data Set
Z"$( ,E/0F&/0%1( /G,( $,&'0/=( ")( /G,( ."E/( *&'FJ#0E/( P$"+#./0L0/=( 0%+,M( 0%( /G,( H&0N&%( WOXOKY( 0%+#E/$=2( N,( &PP'=(&(/G$,,:E/&1,(F,/G"+A(HG,($,&'0/=(")(I*(N"#'+(V,("V/&0%,+(V=($,F"L0%1(/G,(,M"1,%"#E(,%L0$"%F,%/&'( %"0E,(V=(/G,(F,/G"+A(
Stage One: Estimate the Original Cost Malmquist Index
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e,( )#$/G,$(,M/,%+(/G,(+,."FP"E0/0"%(")(/G,(."E/(*&'FJ#0E/(P$"+#./0L0/=(0%+,M(#%+,$(/G,(L&$0&V',($,/#$%E(/"(E.&',A( HG,("L,$&''(/G,(+,."FP"E0/0"%(")(/G,(."E/(*&'FJ#0E/(P$"+#./0L0/=(0%+,M(0E(&E()"''"NE](
+, ' -./ u'u' . 0/ u' -/ u' +1/ ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( W6Y(
NG,$,( '-./(i(P#$,(/,.G%0.&'(,))0.0,%.=(.G&%1,j('.(i(/,.G%0.&'(.G&%1,j('0/(i(&''".&/0L,(,))0.0,%.=(.G&%1,j( '-/( i( P$0.,(,)),./(.G&%1,j( &%+( '+1/( i( ."E/( E.&',(,))0.0,%.=(.G&%1,A( @&'#,E( ")( /G,(&V"L,( )0L,( ."FP"%,%/E( 1$,&/,$(/G&%(#%0/=(E#11,E/(+,/,$0"$&/0"%2(NG0',(L&'#,E(',EE(/G&%(6(E#11,E/(/G,(0FP$"L,F,%/A(
I"FP#/0%1(&%+(+,."FP"E0%1(/G,(."E/(*&'FJ#0E/(P$"+#./0L0/=(0%+,M(I*($,J#0$,E(/G,(."FP#/&/0"%(")(/G,( F0%0F#F(."E/()#%./0"%(#%+,$(V"/G(@\4(&%+(I\4(/,.G%"'"10,EA(Z"$(/G,(2/G(+,.0E0"%(F&h0%1(#%0/(Wd*UY("$(/G,(
3 3 OXOK()0$F( 3 +
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Stage Two: Adjust the Original Input Variables by the Exogenous Environmental Variables
3%( /G,( E,."%+( E/&1,2( /G,( 0%P#/( E'&.hE2( /G,( "#/."F,E( )$"F( /G,( )0$E/( E/&1,2( &$,( $,1$,EE0%1( &1&0%E/( &( E,/( ")( ,%L0$"%F,%/&'( L&$0&V',EA( O,.E,( ")( /G,( $,1$,EE0"%2( /G,( "$010%&'( 0%P#/( L&$0&V',E( &$,( /G,%( &+^#E/,+( V=( /G,( ,M"1,%"#E(,%L0$"%F,%/&'(L&$0&V',EA(-.."#%/0%1()"$(,%L0$"%F,%/&'(,)),./E(&%+(E/&/0E/0.&'(%"0E,(0%(."E/(*&'FJ#0E/( P$"+#./0L0/=(0%+,M2(/G0E(E/&1,(0E(/G,(E&F,(&E(/G,(E/".G&E/0.()$"%/0,$(&%&'=E0E(W4Z-YA(3/(.&%(V,(EG"N%(&E](
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1 >2 ? >2 ? >2 O t ? ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( W8Y(
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@A W 2 2 J Y / >2 ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( W7Y( / >2 4 >2 B >2 ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( W;Y(
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B >2 (i(/G,(/,.G%0.&'(0%,))0.0,%.=2(%"%%,1&/0L,(,$$"$(")(>/G(0%P#/("%("#/P#/(")(/G,(2/G(d*Uj(
4 >2 (&%+(B >2 (&$,(0%+,P,%+,%/j(>(i(62(>2(<2(n2(C2(&%+(2(i(62(>2(n2(!A(
3%( DJ#&/0"%( W7Y2( /G,( > @A W
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,E/0F&/"$E( ")( > J 2( V => 2( P 2( &%+( V D> ( WO&//,E,( X( O$".&2( 6CCBj( IG&$%,E2( I""P,$2( X( \G"+,E2( 6CB9j( K&$h( X( 40F&$2( 6CC8YA( d#,( /"( /G,( ,E/0F&/"$( ")( B >2 ( 0E( /B pl >2 q / >2 m 2( /G,( ,E/0F&/"$( ")( 4 >2 ( ."#'+( V,( +,/,$F0%,+( V=(
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Stage Three: Estimate the Adjusted Cost Malmquist Index by Reusing the Adjusted Inputs
Z0%&''=2(&+^#E/,+(0%P#/(L&$0&V',E(P$"+#.,+(V=(/G,(E,."%+(E/&1,(&$,($,#E,+(0%(/G,(F,&E#$,F,%/(")(/G,(."E/( *&'FJ#0E/(0%+,M(WI*YA(HG,($,&'0/=(")(I*(N"#'+(V,("V/&0%,+(V=($,F"L0%1(/G,(,M"1,%"#E(,%L0$"%F,%/&'(%"0E,( 0%(/G,(/G0$+(E/&1,A(
The Source and Characteristics of Data Set
HG,(E/#+=(0E('0E/,+(0%(/G,(P,$0"+(")(5&/0"%&'(d,L,'"PF,%/(K'&%2(sIG&'',%10%1(>??9t2()$"F(>??8(/"(>??B2( &%+(/G,(E&FP',E(0%.'#+,(6<()0$FE(0%(/G,('0E/,+(E/".h(F&$h,/(&%+(67()0$FE(0%(/G,("L,$:/G,:."#%/,$(E/".h(F&$h,/A( -''($&N(+&/&(&$,()$"F(H&0N&%(D."%"F0.(!"#$%&'(d&/&(O&%h(WHD!YA(HN"("#/P#/E2(%,/($,L,%#,(WE 6 Y(&%+(F&$h,/( L&'#,(WE > Y2(&%+(/G$,,(0%P#/E2('&V"$E(W? 6 Y2(.&P0/&'(W? > Y2(&%+(F&/,$0&'E(&%+(P#$.G&E,(W? < Y(&$,(&+"P/,+(&%+(&.."#%/,+( V=(/G0E(E/#+=A(HG,(0%P#/(P$0.,E(")(? 6 2(? > 2(&%+(? < (&$,($,EP,./0L,'=(EG"N,+(&E(-F2(-!2(&%+(-,A(HG,(L&$0&V',E(")( "#/P#/E2(0%P#/E2(&%+(0%P#/(P$0.,E(&$,(EP,.0)0,+(&%+(+,E.$0V,+(V,'"NA( W6Y(_#/P#/E](5,/($,L,%#,(WE 6 Y(0E(+,)0%,+(&E(/G,(L&'#,(&..$#,+()$"F(&()0$FcE($,1#'&$(V#E0%,EE(&./0L0/0,E2(E#.G( &E(E,''0%1(/G,(1""+E(&%+(P$"L0+0%1(E,$L0.,EA(*&$h,/(L&'#,(WE > Y(")(&()0$F(0E(+,)0%,+(&E(/G,(/"/&'(L&'#,(")(."FF"%( E/".hE(/$&+,+(0%(/G,(E/".h(F&$h,/2(E#11,E/0%1(G"N(&(."FP&%=(0E(L&'#,+(V=(0/E(E/".hG"'+,$EA(
W>Y( 3%P#/E( &%+( 0%P#/( P$0.,E]( O,.E,( /G,( OXOK( 0%+#E/$=( 0%( H&0N&%( G&E( /G,( P$"P,$/0,E( ")( G01G( ,%/$&%.,( V&$$0,$E2(G01G(F&/,$0&'(L&'#,:&++,+(),&/#$,E("$('"N(F&/,$0&'(."E/E2(G01G(/,.G%"'"1=:"$0,%/,+(),&/#$,E(&%+(G01G( \Xd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h(L&'#,(")( /G,(PG=E0.&'(&EE,/E2("$()0M,+(&EE,/EA(
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