economic growth. Additional aspects of financial system such as access, efficiency and stability should be taken into account … aspects of finance – depth, access, efficiency and stability – to investigate the impact of financial development and economic …

efficiency of higher education across countries, with a particular focus on Croatia and Slovenia. When estimating the efficiency … shown to have a much higher level of efficiency compared to both Croatia and many other comparable EU and OECD countries. …

ITransition started by a sudden collapse of corporate efficiency, as one important element of the transformational … recession. It was followed by a consolidation period, with rapidly increasing efficiency and improving returns to scale. During … translated into economic growth. This consolidation period ended in 1995-6, after that mean firm level efficiency only changed …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …

market economy. It is widely believed that competition has a positive effect on efficiency, but the theoretical and empirical … support is quite scarce. The objective of this paper is to investigate the link between competition and efficiency for the … production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to scale due …

comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a … recently China, gained a CA in modern services, such as computer and information services during the period considered in this … losing its initial dominance. In contrast, the U.S. CA or CDA vis-à-vis China exhibits high levels of persistence over time …

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …