quantifying the effect of LMCs on levels of, and differences in, production and efficiency. I find that levels of LMCs are … sometimes positively but other times negatively related to levels of production and efficiency. However, differences in LMCs are … strictly positively associated with differences in production and efficiency, implying that relatively stronger LMCs are …

This paper explores the effects of innovation efficiency on technology gap and product diversity between a leading firm … and its competitor. Our analysis shows some interesting results: when innovation efficiency is sufficiently large and … innovation efficiency on consumer surplus and social welfare. Managerial implications are discussed. …

model and the time invariant cross-sectional data. The measure of ith bank technical efficiency indicates that the … efficiency of Bangladesh commercial banks lies between 12.7 and 94.7 percent; the industry average is 69.5 percent. The model …

Distortions and resource misallocation cause large productivity losses, especially in developing countries. But … studies typically do not show the productivity gain from a partial removal of distortions. In this paper we analyze the … productivity gain from (only) removing ownership distortions within the Hsieh and Klenow (2009) framework using the Vietnam …