Economy: Data: Wang and Lan (2011).

EconomyR Documentation

Data: Wang and Lan (2011).

Description

Data of the industrial economy of China in 2005-2009 (data in wide format).

Usage

data("Economy")

Format

Data frame with 31 rows and 16 columns. Definition of inputs (X) and outputs (Y):

x1 = Capital

Total assets (in 100 million RMB)

x2 = Labor

Annual average employed persons (in 10000 persons)

y1 = GIOV

Gross industrial output value (in 100 million RMB)

Author(s)

Vicente Coll-Serrano (vicente.coll@uv.es). Quantitative Methods for Measuring Culture (MC2). Applied Economics.

Vicente Bolos (vicente.bolos@uv.es). Department of Business Mathematics

Rafael Benitez (rafael.suarez@uv.es). Department of Business Mathematics

University of Valencia (Spain)

Source

Wang, Y.; Lan, Y. (2011). "Measuring Malmquist Productiviy Index: A New Approach Based on Double Frontiers Data Envelopment Analysis". Mathematical and Computer Modelling, 54, 2760-2771. \Sexpr[results=rd]{tools:::Rd_expr_doi("10.1016/j.mcm.2011.06.064")}

See Also

make_malmquist, malmquist_index

Examples

# Example . Data in wide format.
# Replication of results in Wang and Lan (2011, p. 2768)
data("Economy")
data_example <- make_malmquist(Economy,
                               nper = 5,
                               arrangement = "horizontal",
                               ni = 2,
                               no = 1)
result <- malmquist_index(data_example)


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