Research Article
Research on the Operating Efficiency of Chinese Listed Pharmaceutical Companies Based on Two-Stage Network DEA and Malmquist
Table 6
Annual Malmquist index and its decomposition indexes.
| | | EC | SC | TC | PC | TFP |
| | 2015-2016 | 1.1841 | 2.7910 | 1.0109 | 0.4242 | 1.1970 | | 2016-2017 | 0.5162 | 1.4472 | 1.1211 | 0.3567 | 0.5787 | | 2017-2018 | 0.9815 | 2.4676 | 1.0018 | 0.3978 | 0.9833 | | 2018-2019 | 0.5188 | 1.2176 | 1.0034 | 0.4260 | 0.5205 | | Mean | 0.8001 | 1.9808 | 1.0343 | 0.4012 | 0.8219 |
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