With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure … costs and other pressures. Estimating investment efficiency, however, presents many methodological pitfalls. Using various … methods--stochastic frontier analysis, data envelopment analysis (DEA), and bootstrapped DEA-this paper estimates efficiency …

calculate a score for operational expense efficiency based on a stochastic frontier analysis. In addition, we offer potential … explanations for the observed variations in efficiency levels across central banks. Our analysis reveals significant heterogeneity … across countries and income groups. Central banks with a single objective demonstrate higher efficiency compared with those …

-- IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY -- V. IMPLICATIONS FOR MEDIUM-TERM GROWTH -- VI. DETERMINANTS OF … PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND CONCLUSIONS -- CALCULATING CAPITAL STOCK -- REFERENCES. …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a …

UNESCO World Heritage List. We find that there is a positive relationship between the extent of tourism specialization and …

within the World Bank's MAMS model, which is a multisectoral real computable general equilibrium model that incorporates the …

Major output collapses are costly and frequent in the developing world. Using cross-country data, we classify five …