A firm-specific Malmquist productivity index model for stochastic data envelopment analysis: an application to commercial banks

Financial Innovation

Table 13 Statistical description of stochastic technical change (STC)

Alpha	Indicators	2014–2015	2015–2016	2016–2017	2017–2018	2018–2019	2019–2020	2020–2021
0.1	Min	0.7436	0.7039	0.7508	0.7273	0.2001	1.3405	0.3989
	Median	0.9026	1.0455	1.0743	0.9124	0.9151	1.5918	1.0562
	Max	1.5289	1.1456	2.8250	1.1824	2.1276	2.2714	1.3487
	Mean	0.9519	0.9965	1.2875	0.9137	0.9182	1.6297	0.9998
	Std	0.1919	0.1159	0.4740	0.0983	0.3815	0.2448	0.2455
0.3	Min	0.7866	0.6996	0.7508	0.7258	0.2107	1.3072	0.4142
	Median	0.9335	1.0560	1.1289	0.9045	0.9050	1.5161	1.0436
	Max	1.5277	1.1159	2.8937	1.1745	2.2414	2.0305	1.3064
	Mean	0.9791	0.9978	1.3122	0.8988	0.9343	1.5594	0.9805
	Std	0.1728	0.1170	0.4928	0.1083	0.4014	0.1853	0.2260
0.5	Min	0.6576	0.5891	0.6483	0.6180	0.2219	0.5449	0.4360
	Median	0.9516	1.0519	1.1597	0.8983	0.9278	1.4801	1.0079
	Max	2.0794	1.1192	7.4377	1.1695	2.8283	2.2847	1.2924
	Mean	1.0415	1.0079	1.6229	0.8887	0.9894	1.4462	0.9427
	Std	0.3066	0.1310	1.5857	0.1249	0.5332	0.5274	0.2000