What’s new

Bootstrap method and Window-Malmquist Model will be available in the formal release of MaxDEA Pro 6.0
　

MaxDEA 6.0 Beta5

l Direction Vector Scanning Model
l EBM Model (Tone & Tsutsui, 2010)
l Period weights in Dynamic Model (Tone & Tsutsui 2010)
l More methods to compute TFP change including Sequential Malmquist (Tulkens & Vanden 1995; Shestalova 2003)
l Parallel Network Model (Kao 2009)
l Context-dependent Model (Zhu 2009 [Book])
l Scale Elasticity (Degree of Scale Economy, Cooper et al 2007 [Book])
l RDM (Portelal et al 2004)
l Modified SBM (Sharp et al 2007)
l Restricted Projection
l Geometric-Mean or Arithmetic-Mean added in Results of Malmquist Models
l Combinations of Cluster model (4 types) and Malmquist model (4 types)
　

MaxDEA 5.2

l Two methods available to compute productivity changes in Malmquist model
1) Multiplicative method and Geometric-Mean;
2) Additive method and Arithmetic-Mean (Newly added).

MaxDEA 5.1

l Support indicators (inputs and outputs) with negative values

MaxDEA 5.0

l Completely support for Directional Distance Function Model. MaxDEA 5.0 provides a unified method to compute the efficiency score for directional distance function Model. Directional distance function model is a generalized form of radial model.
l Three types of reference for Malmquist Model: Adjacent, Fixed and Global. Both the new types of Malmquist indices (Fixed and Global) are circular. And the Global Malmquist model doesn’t suffer from the infeasibility problem. MetaFrontier Malmquist can be calculated.
l Dual Solution and Sensitivity Analysis, including Dual prices and their Sensitivity Analysis for envelopment models, benchmarks with values of lambda and projections for multiplier models, and Sensitivity Analysis of Objective function.
l Interface improved. Cost/Revenue/Profit and FDH models are moved from advanced models to basic models. The number of the combinations of basic models is over 200.