Primal and dual dynamic Luenberger productivity indicators

A.G.J.M. Oude Lansink, S.E. Stefanou, T. Serra

Research output: Contribution to journalArticleAcademicpeer-review

32 Citations (Scopus)

Abstract

This paper develops primal and dual versions of the dynamic Luenberger productivity growth measures that are based on the dynamic directional distance function and intertemporal cost minimization, respectively. The empirical application focuses on panel data of Dutch dairy farms over the period 1995–2005. Primal dynamic Luenberger productivity growth averages 1.5 percent annually in the period under investigation, with technical change being the main driver of annual change. Dual dynamic Luenberger productivity growth is -0.1 percent in the same period. Improvements in technical inefficiency and technical change are partly counteracted by deteriorations of allocative inefficiency, with large dairy farms presenting a slightly higher productivity growth than small dairy farms.
Original languageEnglish
Pages (from-to)555-563
JournalEuropean Journal of Operational Research
Volume241
Issue number2
DOIs
Publication statusPublished - 2015

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