#4585. Examining the productivity growth of agricultural cooperatives: The biennial malmquist index approach

August 2026publication date
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Business, Management and Accounting (all);
Strategy and Management;
Management of Technology and Innovation;
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Abstract:
This study examines the productivity of agricultural cooperatives using the biennial Malmquist productivity index (BMI) under variable returns to scale. The BMI avoids numerical infeasibilities that can occur under the variable returns to scale assumption. The BMI is decomposed into efficiency change and technical change to evaluate the productivity growth of agricultural cooperatives. Overall, agricultural cooperatives increased productivity by 34 % from 20XX to 20XX of which -2 % was technical efficiency change and 37 % was technical change. Agricultural cooperatives can achieve higher productivity by increasing managerial efficiency and investing in technology. Productivity, efficiency change, and technical change were examined based on the size of agricultural cooperatives. While these measures varied across years, they remained relatively stable across the size of agricultural cooperatives.
Keywords:
Agribusiness; Biennial Malmquist index; Cooperatives; Efficiency change; Productivity; Technical change

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