This paper improved the known study for technical progress in Malmquist productivity index calculating. In the method, all the possible movements for decision making units (DMUs) are listed, and the condition that s...This paper improved the known study for technical progress in Malmquist productivity index calculating. In the method, all the possible movements for decision making units (DMUs) are listed, and the condition that several DMUs lie on the productivity frontier is analyzed. The dynamic efficiencies of Chinese listed power companies from 1997 to 2006 were evaluated. The empirical results indicate that the improved method is effective.展开更多
China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transf...China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transformation by exploring new energy resources energetically."展开更多
文摘This paper improved the known study for technical progress in Malmquist productivity index calculating. In the method, all the possible movements for decision making units (DMUs) are listed, and the condition that several DMUs lie on the productivity frontier is analyzed. The dynamic efficiencies of Chinese listed power companies from 1997 to 2006 were evaluated. The empirical results indicate that the improved method is effective.
文摘China Longyuan Power was listed on the main board of Hong Kong Stock Exchange in 2009.The successful listing proved the correctness and timeliness of China Guodian's strategy of "leading enterprises to transformation by exploring new energy resources energetically."