versus efficiency, presenting as its main contribution the use of a direct measurement of efficiency. This measurement is … furthermore, the results allow us to reject in most cases the pure hypothesis of efficiency, as although efficiency does …

adjustments for risk are important in the case of profit efficiency but not in the case of cost efficiency. La implantación del … new markets. The aim of this paper is to analyse the efficiency and the credit risk of the banks of the most important …

applying for grants. Finally, the third objective of this study, is to evaluate the efficiency of the Spanish scholarship … aids to study presents serious limitations on equity as well as on efficiency. Los objetivos de este trabajo son, en primer …

The aim of this paper is to analyse the efficiency of the travel agencies operatingin Spain, and to examine the … determining factors of such efficiency, in terms of verticalintegration, market concentration, size and performance. The … methodology employed is based on different techniques for the measurement of the efficiency (stochastic frontier production …

contribution to the growth of labor productivity of technical progress, of changes in efficiency, and of the accumulation of inputs …