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Keywords: Malmquist total factor productivity index
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Journal Articles
Journal:
Journal of Capital Markets Studies
Journal of Capital Markets Studies (2020) 4 (2): 193–208.
Published: 10 November 2020
... analysis (DEA) and Malmquist total factor productivity index (MPI) are used to analyze efficiency and productivity of Turkey’s both brokerage sector and 51 Turkish IIs constantly operated between the years 2008 and 2018. Paid-in capital, administrative expenses and trading volumes are used as input, while...
