Modified Malmquist Productivity Index Based on Present Time Value of Money

Table 9

Malmquist Productivity Index.

DMUs	MPI (2006-2007)	MPI (2007-2008)	MPI (2008-2009)
1	1.134	3.704	0.530
2	0.988	1.338	0.804
3	0.997	1.609	0.944
4	0.844	1.199	0.996
5	1.025	1.243	1.150
6	0.634	0.927	0.430