Calculate the Malmquist productivity index and its components using Data Envelopment Analysis.
Usage
compute_malmquist(data, input, output, id, time, orientation = c("in", "out"))
Details
Results are returned a la Farrell. This implies that for output-oriented models values above one signify improvements in productivity, while values less than one imply deterioration in productivity. For input-oriented models the interpretation is reversed; values less than one denote improvements and values above one denote deterioration.
Note that compute_malmquist()
only works for balanced panel datasets.