This note provides an introduction to two prominent econometric benchmarking methods: Data Envelopment Analysis and Stochastic Frontier Analysis. It discusses the econometric techniques, provides a practical example using the World Bank's Enterprise Survey data, and offers conclusions for...

"Serrano and Trujillo quantify the evolution of technical efficiency in port infrastructure service provision in the major Spanish port authorities involved in container traffic. They also analyze the extent to which port reforms that took place in the 1990s had an impact on the efficiency of...

Inefficiency is common in many of the world's water utilities, especially in developing countries. The problem derives from a range of different causes relating primarily to technical, organizational, and commercial (TOC) factors. Evidence from a World Bank study conducted in 2020 shows that...

Transitioning to a more knowledge- and technology-based economy will be critical if Bulgaria is to achieve convergence with its European peers in terms of economic productivity and living standards. The coming year presents an important opportunity for Bulgaria to improve its support for...