Journal
JOURNAL OF ENVIRONMENTAL MANAGEMENT
Volume 161, Issue -, Pages 325-334Publisher
ACADEMIC PRESS LTD- ELSEVIER SCIENCE LTD
DOI: 10.1016/j.jenvman.2015.06.055
Keywords
Difference-based productivity indicators; Ratio-based productivity indices; Environmental generalised productivity indicator and index
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The purpose of this paper is to introduce an environmental generalised productivity indicator and its ratio-based counterpart. The innovative environmental generalised total factor productivity measures inherit the basic structure of both Hicks-Moorsteen productivity index and Luenberger-Hicks-Moorsteen productivity indicator. This methodological contribution shows that these new environmental generalised total factor productivity measures yield the earlier standard Hicks-Moorsteen index and Luenberger-Hicks-Moorsteen indicator, as well as environmental performance index, as special cases. (C) 2015 Elsevier Ltd. All rights reserved.
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